Stop Searching for the Wrong Problem — Learn to See Where Value Truly Is!
What is Value Stream Mapping?
Value Stream Mapping is a tool
used to create a material and information flow map of a product or processes. This powerful tool allows companies to map the flow
of products in the back door as raw materials, through all manufacturing process steps, and off the loading dock as finished product.
This is the Value Stream. You begin the journey with the "current state map"- it shows you where you are. Then, you plan your Lean
journey with a "future state map"- it shows you where you're going and how you're going to get there. Based on your Value Stream Map,
you can streamline work processes, thereby cutting lead times and reducing operating costs.
Benefits of Value Stream Mapping
Successes
An industrial machinery and equipment company used Value Stream Mapping to plan their Lean transformation. Their
Lean initiative so far has managed to reduce operating overhead costs 25%, increase throughput 50%, and save a projected $32,000 in
paperwork each year-and much, much more.
A fabrication metals products company implemented Lean and Value Stream Mapping and was quickly
able to identify and eliminate wastes that have already reduced scheduling, purchasing, and supervisory time. They expect more results
as they implement Lean company-wide.
To learn more, call us at 800.MEP.4MFG (800.637.4634) or 304.293.3800, or contact us.