Value Stream Mapping (VSM) includes different techniques used to help organizations visualize and measure what happens during the process of adding value in the form of the good or services being produced.
Properly developed Value Stream Maps:
- Create a visual vision of the future by identifying waste and showing opportunities to streamline flow.
- Enables wider participation in shaping the future by including more stakeholders.
- Help to break down communication barriers with visual objects for discussion.
- Provide the basis for an compliance implementation road map.
We discuss how VSM can be a handy internal tool for compliance efforts.