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Value Stream Mapping
Value-stream mapping, also known as "material- and information-flow mapping", 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 the customer. A value stream map is a visual tool that displays all critical steps in a specific process and easily quantifies the time and volume taken at each stage. Value stream maps show the flow of both materials and information as they progress through the process. Whereas a value stream map represents a core business process that adds value to a material product, a value chain diagram shows an overview of all activities within a company. Other business activities may be represented in "value stream diagrams" and/or other kinds of diagram that represent business processes that create and use business data. Purpose The purpose of value-stream mapping is to identify and remove or reduce "waste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lean Six Sigma
Lean Six Sigma is a method that uses a collaborative team effort to improve performance by systematically removing waste and reducing variation. It combines lean manufacturing/lean enterprise and Six Sigma to eliminate the eight kinds of waste ( ''muda''). History 1980s–2000s Lean Six Sigma's predecessor, Six Sigma, originated from the Motorola company in the United States in 1986. Six Sigma was developed within Motorola to compete with the ''kaizen'' (or lean manufacturing) business model in Japan. In the 1990s, Allied Signal hired Larry Bossidy and introduced Six Sigma in heavy manufacturing. A few years later, General Electric's Jack Welch consulted Bossidy and implemented Six Sigma at the conglomerate. During the 2000s, Lean Six Sigma forked from Six Sigma and became its own unique process. While Lean Six Sigma developed as a specific process of Six Sigma, it also incorporates ideas from lean manufacturing, which was developed as a part of the Toyota Production Sy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Stream
A value stream is the set of actions that take place to add value to a customer from the initial request through realization of value by the customer. The value stream begins with the initial concept, moves through various stages of development and on through delivery and support. A value stream always begins and ends with a customer. Value streams are artifacts within business architecture that allow a business to specify the value proposition derived by an external (e.g., customer) or internal stakeholder from an organization. A value stream depicts the stakeholders initiating and involved in the value stream, the stages that create specific value items, and the value proposition derived from the value stream. The value stream is depicted as an end-to-end collection of value-adding activities that create an overall result for a customer, stakeholder, or end-user. In modeling terms, those value-adding activities are represented by value stream stages, each of which creates and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value Chain
A value chain is a progression of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, ''Competitive Advantage: Creating and Sustaining Superior Performance''. The concept of value chains as decision support tools, was added onto the competitive strategies paradigm developed by Porter as early as 1979. In Porter's value chains, Inbound Logistics, Operations, Outbound Logistics, Marketing and Sales, and Service are categorized as primary activities. Secondary activities include Procurement, Human Resource management, Technological Development and Infrastructure . According to the OECD Secretary-General the emergence of global value chains (GVCs) in the late 1990s provided a catalyst for accelerated change in the landscape of international investment and trade, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value-stream-mapping Software
Value-stream-mapping software is a type of software that helps prepare and/or analyze value stream maps. The software typically helps design maps through utilizing a series of symbols representing activity and information/material flow, and as a supplement to manual calculations Details of VSM software There are various types of value-stream-mapping software, these include those that can be used to simply design and construct the maps to software that can carry out calculations and perform detailed analysis. Typically, the software is available as either enhancements to already available programs or standalone products specifically designed for value-stream mapping. Benefits of using software While value-stream maps are not overly difficult to construct, utilizing software can help speed up the process and simplify calculations that help make up a completed map. (These calculations include elements such as takt time, inventory, and value-add time). Further enhancements o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Mapping
Business process mapping refers to activities involved in defining what a business entity does, who is responsible, to what standard a business process should be completed, and how the success of a business process can be determined. The main purpose behind business process mapping is to assist organizations in becoming more effective. A clear and detailed business process map or diagram allows outside firms to come in and look at whether or not improvements can be made to the current process. Business process mapping takes a specific objective and helps to measure and compare that objective alongside the entire organization's objectives to make sure that all processes are aligned with the company's values and capabilities. International Organization for Standardization or ISO 9001 : 2015 encourages a process approach to quality management. It is important to understand how each process relates to other processes within the organization and how those interactions impact Quality ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Push And Pull
Push may refer to: Music * Mike Dierickx (born 1973), a Belgian producer also known as Push Albums * ''Push'' (Bros album), 1988 * ''Push'' (Gruntruck album), 1992 * ''Push'' (Jacky Terrasson album), 2010 Songs * "Push" (Enrique Iglesias song), 2008 * "Push" (Avril Lavigne song), 2011 * "Push" (Lenny Kravitz song), 2011 * "Push" (Matchbox Twenty song), 1997 * "Push" (Moist song), 1994 * "Push" (Pharoahe Monch song), 2006 * "Push", by Tisha Campbell and Vanilla Ice on Campbell's 1993 album '' Tisha'' * "Push", by The Cure on the 1985 album ''The Head on the Door'' * "Push", by Dio on the 2002 album '' Killing the Dragon'' * "Push", by Nick Jonas on the 2014 album ''Nick Jonas'' * "Push", by Madonna on the 2005 album ''Confessions on a Dance Floor'' * "Push", by Marianas Trench on the 2006 album ''Fix Me'' * "Push", by Sarah McLachlan on the 2003 album ''Afterglow'' * "Push", by Dannii Minogue on the 2003 album '' Neon Nights'' * "Push", by Prince on the 1991 album ''Diam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quality Filter Mapping
Quality filter mapping is part of the value stream mapping toolkit and is used to analyse processes/functions with respect to quality. The results of a quality filter map shows how much waste is being generated within an organisation at each stage of the process. Three types of qualityBest Practice Procurement: Public and Private Section Perspectives: Andrew Erridge, Ruth Fee, John Mcllroy are measured as part of the model: #Product quality: Defective item provided to customer #Defect quality: Defective item found prior to receipt by customer # Service quality: Defects that affect the ability of the supplier to provide the service or product to the customer Quality failures/defects are represented as a ratio (typically parts per million). Results of quality filter mapping are commonly used to feed into continuous improvement A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forrester Effect Mapping
The Forrester effect map is a business technique used to analyse the disturbance on the supply chain of reorder activity. The tool is one of the seven Value Stream Mapping tools as defined by Hines and Rich. Forrester's research, (''Industrial Dynamics'', MIT Press 1961) showed that demand could be erratic with peaks and troughs commonplace within most organizations. These variations in requirements and supply are amplified within the supply chain when re-orders are made. Process The map is portrayed as a graph with a line showing elements such as customer forecasts, shipments to customers, orders for raw materials over a period of time shown on the x axis A Cartesian coordinate system (, ) in a plane is a coordinate system that specifies each point uniquely by a pair of numerical coordinates, which are the signed distances to the point from two fixed perpendicular oriented lines, measured in .... Results Distortion between inventory levels is shown as a result of po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply Chain Responsiveness Matrix
A supply chain responsiveness matrix is a tool that is used to analyze inventory and lead time within an organization. The matrix is one of a number of value stream mapping tools. The Lean Enterprise: Designing and Managing Strategic Processes for Customer-winning Performance By Dan Dimancescu, Nick Rich, Peter Hines The matrix is represented by showing lead time along the x-axis and inventory along the y-axis. The result shows where slow moving stock resides. See also * Lean manufacturing * Value stream mapping Value-stream mapping, also known as "material- and information-flow mapping", 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 ... References {{reflist Business intelligence terms Lean manufacturing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Reengineering
Business process re-engineering (BPR) is a business management strategy originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization. BPR aims to help organizations fundamentally rethink how they do their work in order to improve customer service, cut operational costs, and become world-class competitors.Business Process Re-engineering Assessment Guide United States General Accounting Office, May 1997. BPR seeks to help companies radically restructure their organizations by focusing on the ground-up design of their business processes. According to early BPR proponent (1990), a bus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information And Software Technology
''Information and Software Technology'' is a peer-reviewed scientific journal on software development and related issues, published by Elsevier. The journal was established in 1959 as ''Data Processing'', obtaining its current title in 1987. The journal is abstracted and indexed in Scopus Scopus is Elsevier's abstract and citation database launched in 2004. Scopus covers nearly 36,377 titles (22,794 active titles and 13,583 inactive titles) from approximately 11,678 publishers, of which 34,346 are peer-reviewed journals in top- .... References External links * Publications established in 1959 Software engineering publications English-language journals Elsevier academic journals 10 times per year journals {{Compu-journal-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
