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Using Value Stream Mapping to Visualize Value Added

  • Andrea Chiarini
Chapter
Part of the Perspectives in Business Culture book series (PEPIBC, volume 3)

Abstract

Chapter 2 discussed how, usually, a company’s processes comprise many activities of little value added because they also generate waste. It is hard to offer statistical data on this topic, but referring to the 7 wastes or the items listed in the costs of poor quality, it can be said that no more than 10% of all activities are actually value added. Organizations that start using Lean, using Value Stream Mapping (VSM, subject of this chapter), estimate a percentage of value added activities between 5% and 15%. Value added is measured according to the value for money set down by the customer.

Keywords

Cash Flow Service Industry Flow Main Stream Sigma Project Universal Symbol 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Bibliography

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Copyright information

© Springer-Verlag Italia 2013

Authors and Affiliations

  • Andrea Chiarini
    • 1
  1. 1.Chiarini & AssociatesBolognaItaly

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