While Lean principles have been known and applied in a variety of manufacturing processes, the applications in product development have been slower to come. Several companies have also applied Lean to ...

VSM is a lean management technique that helps businesses eliminate process redundancies and waste by finding ways to improve current lean and agile business processes. Companies are always looking for ...

What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...

Manufacturers can identify and reduce waste using tools such as value-stream mapping. Process efficiency programs at pharmaceutical companies-whether called operational excellence, lean manufacturing, ...