M17-S4 - Value Stream Mapping
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A Value Stream Map is a Lean Manufacturing technique that maps a process and tries to identify steps that introduce Waste. For each process step two important values are characterized:
The ratio between Production Lead Time and Value Added Time should not be bigger than 5.
Read
presentation on Value Stream Mapping (originally found [[1]] but copied to retain it)
Value stream mapping starts with the 'value' added for the customer.