Waste is any effort or processes, whether in production, administration or logistics, that's unnecessary. It makes a company hemorrhage cash. In lean manufacturing, multiple value steams are unified ...

We’ve seen many value stream maps (VSM) over the past 20 years, as it has become a common tool. In some companies it’s a first requirement before a lean effort begins. In other companies, value stream ...

The value stream represents so many processes and activities that refining them individually is nearly impossible. The only way to do it is to harness and distribute process information to the right ...

Value Stream Maps (VSM) are a powerful tool used in lean manufacturing and other business processes to visualize and analyze the flow of materials and information required to bring a product or ...

Ernie Smith is a former contributor to BizTech, an old-school blogger who specializes in side projects, and a tech history nut who researches vintage operating systems for fun. Many discussions around ...

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 ...