Value Stream Mapping: A Practical Guide to Improving Business and Manufacturing Processes
Organizations often know that their processes are inefficient, but identifying exactly where time, cost, and effort are being lost can be difficult. Value Stream Mapping provides a structured way to visualize how a process works from beginning to end, helping organizations identify waste, bottlenecks, unnecessary activities, and opportunities for improvement. For manufacturing and distribution companies, Value Stream Mapping can be applied to individual functional processes, manufacturing operations, supply chains, and complex horizontal processes such as order-to-cash. Group50® Consulting uses VSM to help organizations understand how processes actually work and develop practical roadmaps for improvement. What Is Value Stream Mapping? Value Stream Mapping (VSM) is a process-improvement technique that creates a visual model of how work, information, materials, time, effort, and cost move through a business process. Instead of examining individual activities in isolation, VSM looks at t...