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What is Value Stream Mapping (VSM) and what is the benefit of applying it your organization?

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Question added by malik jadallah , Business manager , Imkanat Medical solutions Co
Date Posted: 2016/10/09
Krishna   KHASANIS  PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

Thanks for the invite.

VSM is a methodology ( can be made user specific ) used for segregating value adding & non-value adding items in a process. Process can be either manufacturing or information management or any other process like health care, supply chain etc.

It can used as quality tool to enhance a company's quality management.

Sadeq Al-Abbad
by Sadeq Al-Abbad , Service Specialist , Halliburton Energy Services Inc

l full agree with MR.Krishna answer

VSM is a lean management method of analyzing the current process and deciding what the future process is to be. it is done my analyzing what are the value adding and non-value adding activities in a process. not all non-value adding activities are waste activities but the help build-up to the value adding activities.

 

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