In the world of manufacturing, efficiency is the difference between being competitive and losing business over time. One of the most powerful tools that any manufacturer can employ to help their processes and streamline their operations is Value Stream Mapping (VSM). But how and why do value stream maps work in identifying and eliminating inefficiencies in manufacturing processes? Let’s identify some answers to those questions:
- What are the Basics of Value Stream Mapping? : Value Stream Mapping is a visual representation of the entire process, from start to finish. VSM can be applied to any process with repeatable steps. It is a holistic approach that allows a team to achieve a comprehensive view of their operations.
- Streamlining: One benefit of Value Stream Mapping is its ability to help identify process families. Also known as a product family, This is a group of products or services that go through the same or similar processing steps. By categorizing these similar processes, organizations can optimize resources and identify patterns and improvement efforts.
- Identifying Waste: Waste can be found in many forms throughout a process – time, resources, or materials. By pinpointing and identifying non-value-added activities, manufacturers can make informed decisions to eliminate or refine these steps.
- Identifying Bottlenecks: Bottlenecks hamper the flow of a process. VSM helps quickly identify potential and current bottlenecks by providing a clear picture. These insights can provide crucial advantages for manufacturers operating on tight schedules and margins
Value Stream Mapping has other benefits including improved cross-functional collaboration, better end-product quality, more efficient processes, and more. However, getting these systems launched and implemented can present challenges to mid-sized manufacturers dealing with a host of other issues.
As the northwest Ohio MEP partner, CIFT is uniquely experienced and positioned to help. And it is our mission to find the solutions to help manufacturers succeed. Let’s talk today to see how we can help you become more competitive and overcome your challenges today.