Value Stream Mapping

Question 1

Value stream analysis

Answer 1

Planning tool to optimize results of Eliminating waste

Question 2

Observe the flow

Answer 2

Begin at shipping and work upstream

Question 3

Information flow drawn

Answer 3

Right to left

Question 4

Material movements

Answer 4

Pushed

Question 5

Production lead time

Answer 5

Time takes for a part to make its way through shop floor beginning with raw materials

Question 6

Inventory lead time formula

Answer 6

Inventory quantity/ daily customer requirement

Question 7

Value stream mapping

Answer 7

Hands on process to create a graphical representation of the process, material and information flows in a value stream