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Dictionary by pitch.dog
Processes, procedures & operating systems · Working

Value-stream map

Also called: VSM

ELI5

A map of material and information flow used to identify value and waste.

Used in conversation

“Can we remove the ambiguity around value-stream map before the process changes?”

Pitch context

You will see “Value-stream map” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches processes, procedures & operating systems.

Why it matters: In processes, procedures & operating systems, the definition can change ownership, capacity, process, cost or safety decisions.

When the words have to travel

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Sources & evidence · 3

Direct term-level sources and supporting source families.