10 Tips to a better value stream map (Part 1)

Business is growing more competitive every day. In order to keep up with customer demand and expectations, companies are having to work faster and be more efficient than ever before. A VSM activity can help to identify and better coordinate operational teams and process segments that are integral to the overall process.

To understand value stream mapping, we need to first understand what a “value stream” is. Simply put, a value stream is a series of steps that occur to provide the product or service that their customers want or need. In order to provide the product or service that the customers desire, every company has a set of steps that are required. Value stream mapping enables us to better understand what these steps are, where the value is added, where it’s not, and more importantly, how to improve upon the collective process. Value stream mapping (VSM) provides us with a structured visualization of the key steps and corresponding data needed to understand and intelligently make improvements that optimize the entire process, not just one section at the expense of another.

There are some tips to creating a VSM for your organization.

1. Define a value stream.
Include all the activities required to bring a product from “raw materials” into the customer’s hands or provide service to a target audience.

2. Base the value stream map process on customer requirements.
You must understand what the customer values, and use that as your starting point. If you don’t, you risk, in the words of my favorite band The Fall, paying “the highest attention to the wrong detail.”

3. Capture the process as it operates now, not how it’s supposed to operate.
A process that worked well when you had 20 employees may not perform as efficiently now that the business is a 200-person company. Be sure you map the process as it happens now, not the way it used to work—or how you wish it worked!

Source: Aleanjourney