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Introduction to Value Stream Mapping
Value Stream Mapping (VSM) is the secret behind many successful companies such as Toyota, GE, Intel etc. Understanding and developing effective VSM is a foundation of understanding customer value, identifying bottlenecks and wastes in the process. This one-day introductory workshop on "Value Stream Mapping" is designed to provide participants experiential learning using simulation lean tool kits in understanding and constructing value stream maps. The examples and case studies include both manufacturing industry and service industry.
Outline
- Overview of Lean Methodology Framework, Philosophy, Concepts, Terminology
- Developing "Current State" Value Stream maps
- Preparation and Construction of Value Stream Maps
- Perform value analysis and identify improvement opportunities
- Developing "Future State" Value Stream Maps
- Tools & Techniques used for Value & Waste Identification
- Tools & Techniques used for Waste Elimination
- Techniques for Implementing improved value streams
- Techniques to Sustain the improvements in Value Stream Maps
Who should attend
Senior managers, Managers and supervisors (both in manufacturing and in service industry) who are tasked to improve productivity and efficiency by applying lean methodology and value stream maps and want to learn practical ways of developing value stream map
Particular of Ramesh Rao
Ramesh Rao holds degrees in engineering, finance, and an MBA in supply chain & finance. He is a Certified Six Sigma Master Black Belt, Lean Master, Supply Chain Practitioner & Design Thinking Facilitator. With 25 years of experience in multi industry & multi-cultural environment, Ramesh held multiple leadership positions in operations & office functions (operations, supply chain, quality, finance etc) and successfully implemented lean process & practices across all the organizations with positive financial impact to the company bottom line. Ramesh has facilitated more than 200 workshops in implementing value stream maps and kaizens across multiple industries and multiple countries that has immensely benefited companies in manufacturing as well as service industries. Currently Ramesh runs a business consultancy based in Singapore specializing in turnarounds and transformations.