Delivering a product or service includes a number of steps, inputs, outputs and people. Value Stream Mapping helps you visualise the steps needed, from product creation to delivering to the end-customer. By visualising the journey it helps understanding the business better and the processes that are in place so that you improve the flow of value through your system and minimize waste.
Value stream mapping is a tool that embodies Lean management. Lean management is a widespread method across industries and encourages shared responsibilities and leadership. It’s centered around respect for people and dynamic continuous improvements.