What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...

Waste is any effort or processes, whether in production, administration or logistics, that's unnecessary. It makes a company hemorrhage cash. In lean manufacturing, multiple value steams are unified ...

Value Stream Maps (VSM) are a powerful tool used in lean manufacturing and other business processes to visualize and analyze the flow of materials and information required to bring a product or ...

Lean is a word marketing people and executives love. “We’re Lean,” they often proclaim. But far too often, the words are superficial fluff masking the grim reality of an organization tolerant of waste ...

Last year accelerated the fact that to survive most effectively in a volatile marketplace supply chains and manufacturing firms need to transform and become more digital. Robert Bodor, vice president ...

The principles of lean manufacturing have proven their effectiveness across various industries, and the project management domain is no exception. The integration of lean principles into project ...