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Value stream map vs. process map, which is better for you? As with many tools and methods in Six Sigma, there isn’t a one-size-fits-all approach to mapping things out. Both of these tools have ...
What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...
The concept of a value stream is borrowed from Michael Porter's Value Chain framework. The value chain is a model that helps analyze specific activities through which firms create value and ...
Value stream management has been around for a long time. It got its roots in manufacturing, where it was used to accomplish an impossible task; it simultaneously improved quality, reduced costs and ...
It’s no secret that software innovation and delivery are top priorities for every kind of business today. If you are a CEO or run a business unit, you know that software can make or break your ...
Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...
Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...
Value Stream Management (VSM) enables teams to focus on and deliver customer value. Yet many teams encounter four common pitfalls in their VSM journey. Here’s how to avoid them. In spite of long-term ...