This last week I was asked to give a presentation to a group of twenty business owners in the Portland metropolitan area on value stream mapping.
In an economy where it is hard to find enough qualified employees to get the volume of work out in a timely manner, business owners are trying to figure out how to produce more with less and increase production without increasing cost. Value stream and process mapping are tools that can help you accomplish this.
Value stream mapping is fundamental to your business success because it helps you to see what is really going on in your business from a 30,000-foot view, allowing you to see how work flows. It is a highly effective way to identify and resolve inefficiencies within your current way of doing business.
All businesses tend to grow increasingly complex over time. Until you step back and see it from a different view, the business will continue to be inefficient, affecting your profitability. Value stream and process mapping are effective tools toward achieving outstanding performance, allowing you to increase bottom-line profits.
When we value stream map how work is currently performed within the organization, we are describing your current state. This allows everyone in the organization to see the truth about how the value stream is performing and helps to create a sense of urgency for improving how work currently gets done. We then can redesign the value stream to eliminate unnecessary work, delays, waiting time, over-production, excess processing, excess motion, and defects—and adding more value to the customer. The goal is to make work flow more smoothly and in a linear fashion.
In a time when we need to increase productivity without increasing cost, value stream mapping is an effective tool. If you would like to know more about how value stream mapping and process mapping can improve your productivity and increase bottom-line revenue, give me a call.