Lean value stream Sample Clauses

Lean value stream. The lean value stream is essential because; the observations and identification of activities within the value stream is the basis of our work. By thinking Xxxx, most of the focus is at the customer and according to Xxxxxx.B, Xxxxxxxxxx.X.X (2011) there is five Lean principles:  Specify what creates value from the customer’s perspective. The company has to look at the situation from the eyes of the customer and find out what the customer are willing to pay for the good. Then they must examine what they have to offer.  Identify all steps across the whole value stream. In a company there is value adding activities and non value adding activities. The value stream is the sum of these activities. The value adding activities are the activities that make a value for the customer and non value activities are other activities. The company needs to identify all the activities.  Make those actions that create the value flow. In this principle, the goal is du reduce the number of non value adding activities. Lean is about reducing waste.  Only make what is pulled by the customer just in time. In a Lean theory pull replaces push and the company uses a make-to-order strategy. This means that the company produces after the customer has ordered.  Strive for perfection by continually removing successive layers of waste. When the company is following the other principles above, they are removing waste and then they get closer to obtain success. When activities and challenges throughout the value stream are identified this next theory about TQM will help us with actions that are useful to be more cost efficient.
Sample 1
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Related to Lean value stream

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