Value stream analysis captures the material and information flows of a process from goods receipt to dispatch and makes inventory, waiting times and waste visible. It is the starting point for optimizing lead times and inventory.
When it matters
Value stream analysis is useful with long lead times, high inventory or unclear bottlenecks in production and logistics.
Approach
The current-state value stream is mapped through a walk-through and data capture; from this, types of waste are identified.
Results / deliverables
Project-specific results and deliverables are added here.
The method is described in the glossary entry value stream design.