Question: For this assignment, select a value stream in your organization that can benefit from analysis and improvement. The value stream (or end-to-end process) selected does

For this assignment, select a value stream in your organization that can benefit from analysis and improvement. The value stream (or end-to-end process) selected does not need to be overly large or complex. Select something that has the potential for meaningful improvement but is manageable within the scope of this assignment.
1. Develop a current state Value Stream Map of your selected value stream. Show the information flow, workflow, and summary timeline on the map.
2. Document key metrics for each process block:
1. Process time (PT) these are estimates provided by YOU based upon what you know of the process.
2. Lead time (LT) these are estimates provided by YOU based upon what you know of the process.
3. Calculate the current state summary metrics:
1. Total lead time (Total LT)
2. Total process time (Total PT)
4. Describe the current state of the value stream, and highlight any performance deficiencies and challenges, such as delays, excessive WIP, bottlenecks, capacity, and workload imbalances, rework, poor quality yields, long lead times, and other operational
Overview of the Process
Describe the process here
Challenges
List and briefly describe the challenges here
List and briefly describe the challenges here
List and briefly describe the challenges here
Bottlenecks
List and briefly describe the bottlenecks here
List and briefly describe the bottlenecks here
List and briefly describe the bottlenecks here
References
Martin, K. & Osterling, M. (2014). Value Stream Mapping.
Title
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
