A value stream map visualizes the start and end of a project. A process map is a visualization of everything happening through a process. Process maps allow employees to quickly understand all ...
And, in general, data filtering causes a delay or a lag that can interfere with control. The engineer must understand that the real process value and the measured or displayed value are not the same ...
A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, from the initial idea to the final customer experience. Each ...
As we outlined in Chapter 2, the value creation process consists of three key elements: determining what value the company can provide to its customers (the value customer receives ); determining the ...