// ROBOTICS AND SMART FACTORIES TERM
Value Stream Mapping
Value Stream Mapping (VSM) is a lean tool used to visualize, analyze, and improve the flow of materials and information required to bring a product or service to a customer. It helps identify waste and opportunities for improvement.
TECHNICAL DEFINITION
Value Stream Mapping (VSM) is a lean management technique used to visually represent the current state of a product's or service's entire production process, from raw materials to customer delivery, identifying waste and opportunities for future state improvements.
BACKGROUND
Value-stream mapping, also known as material- and information-flow 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 the beginning of the specific process until it reaches the customer. A value stream map is a visual tool that displays all critical steps in a specific process and easily quantifies the time and volume taken at each stage. Value stream maps show the flow of both materials and information as they progress through the process.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- VSM
- Process Mapping
- Lean Mapping
USAGE NOTE
VSM helps identify bottlenecks and waste, guiding lean improvement efforts.
DEVELOPERS
Organizations developing technology related to Value Stream Mapping.
A leader in process mining and execution management. Their platform uses AI to analyze data from enterprise systems (like SAP and Oracle) to automatically create a dynamic, real-time visualization of business processes, effectively creating a data-driven value stream map to identify bottlenecks and inefficiencies.
A business transformation suite that provides process mining, modeling, and automation. It allows organizations to discover, analyze, and improve their actual operational processes by extracting data from IT systems, providing a powerful technological alternative to manual VSM.
Provides a business process management (BPM) platform for process modeling and analysis. Their software enables companies to create detailed digital value stream maps, link them to performance data, and run simulations to design and validate future-state improvements.
A specialized software provider that offers a mapping tool built on Microsoft Visio. It is designed specifically for lean manufacturing and VSM, automating calculations of key metrics like lead time, capacity, and resource utilization directly on the map.
Through its Tecnomatix portfolio, Siemens offers plant simulation and digital twin software. This allows manufacturers to model, simulate, and optimize their entire production flow and logistics, providing a comprehensive, dynamic view of the value stream to test changes before implementation.
Offers Minitab Workspace, a visual toolkit that complements its statistical software. It includes dedicated templates and tools for creating detailed Value Stream Maps, fishbone diagrams, and other process improvement visuals to support lean initiatives.
A cloud-based visual workspace for collaborative diagramming. It is widely used for creating digital Value Stream Maps using a rich library of standard VSM shapes and templates, facilitating team collaboration on process analysis and design.
Develops the ARIS platform, a comprehensive tool for business process analysis and management. It enables detailed modeling of value chains and uses process mining to analyze and optimize workflows, providing an enterprise-level approach to visualizing and improving value streams.