Tuesday, 7 October 2008

Value stream mappng toolset

Value stream mapping is becoming an ever increasingly popular tool in mapping out information and material flow within the supply chain.

I've seen it used a number of times to trap inventory bottlenecks or to analyse and plan reduction in leadtimes - its easy enough to learn and can produce some interesting results.

An interesting thing to learn though is that there is actually seven value stream mapping tools - each designed to help understand the flow within the business - not sure whether they can all be applied to supply chain but interesting enough to warrant some further research.