Description
In this course we will examine value stream mapping, also known as material and information flow mapping. It is a Lean management method for analyzing the current state and designing a future state for the series of events that take a product or service from the beginning of the specific process until it reaches a customer. Value steam mapping is an important element of Lean operations, which aim to maximize customer satisfaction and minimize waste. Operating this way allows companies to offer better value and higher quality to their customers.
Some course materials may reference Leading Edge Group or display legacy branding, reflecting the history of the program. All North American delivery and learner support are provided by the same team that developed the program and are now operating as Leading Edge Associates.
Objectives
On completion of this course, students will be able to:
- identify the advantages associated with value stream mapping (VSM);
- identify and order the main steps involved in carrying out VSM;
- distinguish between the icons used in a value stream map;
- identify and distinguish between the phases involved in developing a current state map;
- calculate on-hand inventory quantities for a particular process;
- calculate the opportunity time for a particular process;
- describe the importance of Takt Time and calculate it for a particular process;
- outline how the Theory of Constraints can be used to apply Lean thinking to an organization’s processes;
- suggest a suitable strategy for balancing work and levelling resources for a given process;
- identify the main steps involved in developing a future state map;
- specify appropriate elements to include in a future state map, based on existing current state information; and
- identify the factors that ensure a successful value stream plan.
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