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Value stream mapping is a technique that organizations use to create a visual guide of all the components necessary to deliver a product or service, with the goal of analyzing and optimizing the entire process. It is developed from — developed from Lean manufacturing.
The process of creating a value stream map takes all the necessary people, processes, information and inventory, and displays them in a flowchart format. By visualizing all elements that go into creating a product or service, organizations can apply lean principles to reduce waste in specific areas of their processes.
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