A Value Stream Map (VSM) is a graphical representation of every process in the material and information flow along with other key elements. Through the Value Stream Mapping process, organizations learn how to:
- identify value
- differentiate value from waste
- eliminate sources of waste
- develop improved workflow
- graphically represent present and future states
Value Stream Mapping is a critical step in lean conversions because it shows companies where to apply lean techniques for maximum effect. Argent provides training on Value Stream Mapping and tools such as the FlowCharter™ to help companies with their Lean transformation.
Organizations also learn how to avoid the common mistake of cherry-picking lean project implementation which leads to building isolated islands of improvement instead of improving the whole production flow to reap the biggest benefits.