Value Stream Management
The International Journal of Logistics Management
ISSN: 0957-4093
Article publication date: 1 January 1998
Abstract
Value Stream Management is a new strategic and operational approach to the data capture, analysis, planning and implementation of effective change within the core cross‐functional or cross‐company processes required to achieve a truly lean enterprise. This paper describes the method in detail including a summary of the previous Value Stream Mapping approach and its weaknesses. The new approach involves a strategic review of a business or supply chain's activities, the delimitation of key processes and the mapping of these processes. A description of how to analyze and synthesize these data is followed by a section on an approach to planning strategic and operational change together with a framework in which to do this. The benefits and limitations of the new approach are summarized.
Keywords
Citation
Hines, P., Rich, N., Bicheno, J., Brunt, D., Taylor, D., Butterworth, C. and Sullivan, J. (1998), "Value Stream Management", The International Journal of Logistics Management, Vol. 9 No. 1, pp. 25-42. https://doi.org/10.1108/09574099810805726
Publisher
:MCB UP Ltd
Copyright © 1998, MCB UP Limited