Question: A value - stream map ( VSM ) is a graphical representation of how all the steps in any process line up to produce a

A value-stream map (VSM) is a graphical representation of how all the steps in
any process line up to produce a product or service. A VSM also depicts the
flow of information needed to trigger the process into action.
A value stream is the sequence of activities required to design, produce, and
deliver a good or service to a customer, and it includes the dual flows of
information and material.
The purpose of a value-stream map -
The VSM always has the customers perspective and focuses on delivering to the customers
expectations, wants, and needs.
The VSM, in a single view, provides a complete, fact-based, time-series representation of the
stream of activities from beginning to end required to deliver a product or service to the
customer.
The VSM provides a common language and common view to analyze the value stream.
The VSM shows how the information flows to trigger and support those activities.
The VSM shows you how much of the time your activities are adding customer value and how
much is wasted not adding value.
The VSM shows you where your activities add value and where they dont, enabling you to see
what ultimate impedes your ability to supply and satisfy your customer.
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