Ad
related to: free value stream map example
Search results
Results From The WOW.Com Content Network
Value-stream mapping, also known as material- and information-flow mapping, [ 1] is a lean [ 2] -management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of the specific process until it reaches the customer. A value stream map is a visual [ 2] tool ...
Business process mapping takes a specific objective and helps to measure and compare that objective alongside the entire organization's objectives to make sure that all processes are aligned with the company's values and capabilities. International Organization for Standardization or ISO 9001 : 2015 encourages a process approach to quality ...
The value stream is depicted as an end-to-end collection of value-adding activities that create an overall result for a customer, stakeholder, or end-user. In modeling terms, those value-adding activities are represented by value stream stages, each of which creates and adds incremental stakeholder value items from one stage to the next. [ 1]
Forrester effect mapping. The Forrester effect map is a business technique used to analyse the disturbance on the supply chain of reorder activity. [ 1] The tool is one of the seven value stream mapping tools as defined by Hines and Rich. [ 2] Forrester's research, ( Industrial Dynamics, MIT Press 1961) showed that demand could be erratic with ...
Business services (primary value streams). Examples: point-of-sale transaction processing, ecommerce, and supply chain optimization; IT services (secondary value streams). Examples: application performance management, data backup, and service catalog; The distinction between primary and secondary value streams is meaningful.
Strategy. A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer. The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
The Value Stream: Identify the value stream for each product providing that value and challenge all of the wasted steps (generally nine out of ten) currently necessary to provide it; Flow: Make the product flow continuously through the remaining value-added steps; Pull: Introduce pull between all steps where continuous flow is possible
Wardley map. A Wardley map is a map for business strategy. [1] Components are positioned within a value chain and anchored by the user need, with movement described by an evolution axis. [2] Wardley maps are named after Simon Wardley who created the technique at Fotango in 2005 having created the evolutionary framing the previous year.
Ad
related to: free value stream map example