How can you conduct a value stream mapping exercise in a complex process?
Value stream mapping (VSM) is a powerful tool for identifying and eliminating waste in any process, especially in complex ones. VSM helps you visualize the flow of materials, information, and activities from the customer's demand to the final delivery, and pinpoint the sources of inefficiency, variation, and delay. In this article, you will learn how to conduct a VSM exercise in a complex process using six steps.