How do you identify the value-adding and non-value-adding activities in your value stream?
If you want to improve your business processes and eliminate waste, you need to know how to identify the value-adding and non-value-adding activities in your value stream. A value stream is the sequence of steps that deliver a product or service to your customer, from the initial request to the final delivery. Value-adding activities are those that directly contribute to creating value for your customer, while non-value-adding activities are those that do not add value or are necessary but inefficient. In this article, we will explain how to use a tool called Value Stream Mapping (VSM) to analyze your value stream and distinguish between value-adding and non-value-adding activities.