Value Stream Maps (VSM) are a powerful tool used in lean manufacturing and other business processes to visualize and analyze the flow of materials and information required to bring a product or ...

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Ernie Smith is a former contributor to BizTech, an old-school blogger who specializes in side projects, and a tech history nut who researches vintage operating systems for fun. Many discussions around ...

This course explains common value stream mapping (VSM) icons, the steps to creating a VSM, and outlines how to calculate key metrics, such as cycle time, parts per hour, and capacity. Users will also ...

Value stream management has been around for a long time. It got its roots in manufacturing, where it was used to accomplish an impossible task; it simultaneously improved quality, reduced costs and ...

Lean thinking - the philosophy of maximizing customer value while minimizing waste - has long been hailed as a panacea for low productivity and poor performance. Introduced decades ago through the ...

Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...