Monday, December 21, 2015
Value Stream
The value stream is the overall high-level sequence of steps necessary
to take a product or service from start to finish (and the delays that occur
between steps). A value stream is the “end to end” process, as opposed to just
looking at one department or one function. For example, it might be all
the steps necessary to take an animal presented with an illness to a condition
where it is healthy enough to go home. Ideally, each step should move the
product along towards that which the customer values, and be devoid of any
waste. Value stream thinking helps us break down silos that interfere with
delivering value to the customer. A current state map documents how things are today, while a future state map is
used to create a vision and a plan for an improved system.
Labels:
Value Stream Maps,
Value Streams,
Waste
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