Organizations should integrate Value Stream Management (VSM) as an ongoing practice to achieve operational excellence. VSM focuses on optimizing the value stream, encompassing all the activities required to deliver a product or service to customers. By identifying and eliminating waste, VSM helps organizations streamline operations and enhance efficiency.
Value Stream Mapping, a fundamental tool utilized in value stream management, provides:
a visual representation of the entire value stream.
enabling organizations to identify bottlenecks.
Waste.
Areas for improvement.
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