What are the best practices or tips for value stream mapping for material balance?
Value stream mapping (VSM) is a powerful tool for identifying and eliminating waste in any process, especially in manufacturing. It helps you visualize the flow of materials, information, and value from the supplier to the customer, and pinpoint where you can improve efficiency, quality, and profitability. But how do you apply VSM to material balance, the calculation of the mass and energy inputs and outputs of a process? Here are some best practices or tips for value stream mapping for material balance.