Chapter 8 - Productivity Analysis

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Description and Tags

Value Stream Mapping

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7 Terms

1
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What is Value Stream Mapping?

  • maps the flow of products and info through your system from the supplier to the customer.

  • includes all processes in scope, transport bwn processes, inventory, WIP, and data efficiency of each progress

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What is FIFO?

First in- First Out

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In FIFO, usually a certain # in inventory is what?

kept

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What are the 5 stages of the Value Stream Mapping?

  1. Scope

  2. Current State Map

  3. Future State Map

  4. Return on Investment Analysis

  5. Improvement Roadmap

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Total VA % =

100 * (Value Add Time)/(Lead Time)

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If you want to implement an error proofing system?

no inspection needed

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What does FIFO help with?

it limits the # of Work in Progress