Value Stream Mapping Notes: Definitions & Explanations PDF | Download eBooks
Study Value Stream Mapping lecture notes PDF with total quality management definitions and explanation to study What is Value Stream Mapping?. Study value stream mapping explanation with TQM terms to review total quality management course for online MBA programs.
Value Stream Mapping Definitions:
Flowcharting processes to determine where customer value is created as well as identifying non-value-added process steps is called value stream mapping.
Managing Quality: Integrating the Supply Chain by S. Thomas Foster
Value Stream Mapping is a big picture tool that helps an improvement team focus on optimizing the entire process, without focusing too narrowly on only one process activity or step which could lead to suboptimal solutions.
Introduction to Statistical Quality Control by Douglas C. Montgomery
Value Stream Mapping Notes:
Value stream mapping comes under the area of lean management. It is a method that evaluate current state for a set of processes and design a future state for the same set, starting from the supplier to the end user, by reducing all the value added activities (considered as waste in the concept of lean management). The technique is used for analysis, documentation and improvement of a series of activities. The analysis requires developing flow charts and then identifying which activities are useless and do not add value to the product or service in question. In this way, the core/value added activities are prioritized, thus reducing production cost.
Keep Learning with TQM Notes
What is Closed-loop Corrective Action?
When feedback from customers is collected regarding any product or service, it is analyzed and areas of improvement in product ...
What is Pre Control?
A technique used to monitor process is called pre control. Pre control is used to detect small changes in the ...
What are Core Processes?
Core processes are a set of activities that transform raw material into finished product. Activities involved in the core processes ...
What is Variable?
A variable is something that can be quantified. It is basically a characteristic that can be shown by numbers. Examples ...
What are Core Competencies?
Core competency is a set of skills and resources that position an organization in the market uniquely. It distinguishes the ...
What is Acceptance Control Chart?
It is necessary to monitor and control the processes that produce products. The aim of process monitoring and controlling is ...
