Value Stream Map is one of the core lean tools; as such it represents a visual representation of the entire Logistics & Inventory value stream. The aim is to demonstrate all value-add and non-value-add elements/activities of the supply chain, and to help eliminate the non-value-add ones.
- Objectives/Key learning points
- Understand and visualize the Logistics & Inventory structure
- Understand where the non-value add elements/activities exist and their impact on cost/quality
- Define action plan to eliminate the non-value add elements/activities
- Teaching Methodology
- General introduction to Value Stream Mapping through selected examples
- Support with mapping a particular client Logistics & Inventory System
- Implementation Methodology
- Initial workshop to define the Logistics & Inventory value stream map
- Subsequent workshops aimed at defining and executing plan for elimination of the non-value-add activities