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.