Question: Assignment Develop a Value Stream Mapping for a process you are familiar with in a manufacturing company or service sector in Canada. You have to
Assignment
Develop a Value Stream Mapping for a process you are familiar with in a manufacturing company or service sector in Canada. You have to use the symbols that were shown in class Start or finish of the process, Process step, Waiting or Delay, Decision Identify places in the process that are obviously wasteful and could be improved. You need to add the timing of the processes Value added, nonvalue added, lead time, takt time, cycle time, uptime The main objectives of the value stream mapping project are to reduce lead times, optimize inventory levels, and enhance overall efficiency in the business process.
Create an action plan after developing VSM and please note that all assignments should be in formal reports
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