What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...

Value stream maps are a visualization of everything needed to complete a deliverable. A value stream map visualizes the start and end of a project. A process map is a visualization of everything ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The decades-long rush of businesses to digitize their business processes shows no sign of ...

VSM is a lean management technique that helps businesses eliminate process redundancies and waste by finding ways to improve current lean and agile business processes. Companies are always looking for ...

Waste is any effort or processes, whether in production, administration or logistics, that's unnecessary. It makes a company hemorrhage cash. In lean manufacturing, multiple value steams are unified ...

In my last Forbes piece, I discussed treating digital transformation with greater urgency. A key point in my argument was that software is fundamental to nearly every industry, and by definition, ...