Value Stream Mapping (VSM) Notes: Definitions & Explanations PDF | Download eBooks
Study Value Stream Mapping (VSM) lecture notes PDF with supply chain management definitions and explanation to study What is Value-stream Mapping (VSM)?. Study value stream mapping (vsm) explanation with SCM terms to review supply chain management course for online MBA programs.
Value Stream Mapping (VSM) Definition:
A process that helps managers understand how to add value in the flow of material and information through the entire production process.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Value Stream Mapping (VSM) Notes:
An esteem stream can be characterized as every one of the means - both esteem included and non esteem added - required to take an item or administration from its crude materials state and convey it to a customer. Through the utilization of this system, it is conceivable to detach those means that influence the procedure yet don't increase the value of it, consequently prompting a lost in proficiency and, at long last, benefit.
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