Practical sheet | REF: FIC0232 V1

Value Stream Mapping: increasing the efficiency of the development process

Author: Frédéric MIAZGA

Publication date: August 10, 2011 | Lire en français

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 INTRODUCTION

You want to identify opportunities to speed up product development processes by making them more efficient. Value Stream Mapping, a tool traditionally used for material and product flows, can be adapted to analyze and improve product development processes. The aim is to map value flows in order to :

  • understand a product development process and its interaction with the engineering value chain;

  • study process efficiency on the basis of quantitative data;

  • identify and eliminate waste to increase product development efficiency and reduce development time.

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Value Stream Mapping: increasing the efficiency of the development process