Value Stream Mapping Tutorial

What is Value Stream Mapping ?

Value-stream 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 its beginning through to the customer with reduced lean wastes as compared to current map. In other words, a value stream focuses on areas of a firm that add value to a product or service, whereas a value chain refers to all of the activities within a company.