Business Analyst: What is Value Stream Mapping?

VSM — visual tool to analyze process flow.

Components:

• Process steps.
• Information flow.
• Time data.
• Inventory.

Metrics:

• Lead time — total time.
• Process time — value-add time.
• %C&A — complete & accurate.

Example:

Benefits:

• Waste visualization.
• Improvement targeting.
• Baseline measurement.