Lean Six Sigma has created the urge to improve products and services according to the demands of the market. Creating value for your products and services is very important and your entire plan should revolve around satisfying the customers. Value Stream Mapping is the tool used to analyze such trends and then planning according to the trends. Let’s begin with understanding what it really is.
The sequence of activities required to create and deliver any products or services to a customer is known as Value Stream Mapping. The flow chart is based upon two key factors; information and material. Most of such streams are highly cross-functional, the process of fulfilling a customer’s request flows through many work teams within the organization before the delivery. VSM is the flow of processes that starts from a customer’s request and ends at the delivery point. Hence, it is known as the request-to-delivery cycle.
Here are a couple of examples that will help you understand why VSM is important in Lean Six Sigma:
Why do you create a Value Stream Map? The most important reason is to visualize data and analyze it to separate the value-adding factors from the non-value-adding ones. Here are a few more reasons that will prove, using value stream mapping can help improve your business process:
Value Stream Mapping in Lean Six Sigma offers information flow that can be determined on the basis of value-added or non-value-added actions. It will help you make your work process more efficient by saving time and will also help you in increasing productivity. VSM is an integral part of the workflow system as it ensures that everyone working on the project is well connected and has the same goals for the organization. Prepare a value stream map and watch how it makes your life easier.