What is a Value Stream Map (VSM)?
It is a visual tool used to depict and analyze the flow of a process.
Definition
The Value Stream Map, or VSM, is a visual tool used in Lean to depict and analyze the flow of materials and information through a production process.
Purpose
The main purpose of VSM is to identify areas for improvement and to visualize the entire production process for strategic review and optimization.
Steps
VSM involves creating a map of the current state, identifying and eliminating waste, creating a map of the future state, and implementing the improved process.