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Value Stream Mapping Process Steps

oboloo Glossary

Value Stream Mapping Process Steps

Value Stream Mapping (VSM) is a business tool that helps organizations identify and analyze current processes, then create action plans to streamline workflows in an effort to increase efficiency and reduce costs. By breaking down activities into manageable steps, teams can better visualize how their operations flow and determine what needs to be done to make improvements. VSM can also be used to identify and eliminate any unnecessary or redundant processes that are draining resources. Ultimately, VSM helps you make smart decisions about the way your business operates, so you can operate more efficiently and cost effectively.

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