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, ...
Value stream maps are a visualization of everything needed to complete a deliverable. A value stream map visualizes the start and end of a project. A process map is a visualization of everything ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The decades-long rush of businesses to digitize their business processes shows no sign of ...
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 ...
In my last Forbes piece, I discussed treating digital transformation with greater urgency. A key point in my argument was that software is fundamental to nearly every industry, and by definition, ...