Value Stream

Value Stream

All changes made during the production of a product between its conception and sale. The term implies that each change adds value, but this is not necessarily the case.
References in periodicals archive ?
While most companies have learned to value stream map, they view it as a process in which they create a current state map, look for opportunities, identify kaizens to eliminate waste, and create a future state map with these wastes eliminated.
While cost and value stream activities are reduced, quality is said to be improved.
From the digital configuration of the end product to the fully digitised value stream, fully networked machines and systems will produce large series and individual items in a highly flexible manner, setting new standards in the cost-benefit ratio.
VANCOUVER: Tasktop announced that former Nationwide Insurance DevOps Leader, Technology Director Carmen DeArdo has joined the company to head up its newly formed Value Stream Management (VSM) Consulting Practice.
The ambulatory care map was studied further and developed into a value stream map.
His topics include four ways to improve profitability, five-year lean financial expectations, production tools for lean design, the seven design wastes, value stream mapping and analysis, finding the reasons for problems, losses from errors caused by architects and engineers, contributing factors to errors and quality problems, creating goal-based action plans, flow and lean project management guidelines, and negotiating the right fee.
In the new role, Duffy will take the helm of the Danish group's global supply chain, a process that Duffy has experience in following her most recent role as vice president, dermatology value stream at Leo.
Recognize the value stream. The value stream for the laboratory includes the set of activities needed to collect, transport, and process specimens in such a way that accurate clinical and/or anatomic test results can be determined and provided back to the clinician.
Paper Converting Machine Company (PCMC) has named Dave Wall as Printing, Coating and Laminating Value Stream Leader.
"This machine technology advancement has significantly aided our lean efforts to compress our value stream, and brings additional revenue and capability into the organization," said Cross." The impacts are felt throughout the organization by simplifying the value stream map and increasing throughput; shareholders benefit from additional bottom-line revenue generation."
To determine whether flow has been established according to the guidelines, shared resources working in a corporate legal department should be able to answer the following five questions according to the value stream design:
Conference attendees can stop by the CollabNet booth to learn how CollabNet DLM allows organizations to apply value stream mapping to DevOps.