Value Stream Mapping

What is Value Stream Mapping?

Value stream mapping is a technique used to analyse and optimise the flow of materials and information in a supply chain. It involves creating a visual representation, or map, of the steps involved in creating a product or delivering a service, from the raw materials stage to the end customer. The significance of value stream mapping in supply chain management extends across multiple dimensions:

Common Challenges:

• Waste Identification: Value stream mapping helps identify waste in the supply chain, including unnecessary steps, defects, and bottlenecks.
• Efficiency Enhancement: Businesses can improve efficiency by eliminating waste, leading to cost reductions.
• Customer-Centric Strategies: Understanding the value stream aids in developing strategies to meet customer needs more effectively.

How can Libra Europe help?

• Value Stream Analysis: Libra Europe conducts comprehensive value stream analysis, pinpointing opportunities for optimization.
• Waste Elimination: We help businesses identify and eliminate waste, enhancing efficiency and reducing costs.
• Customer Satisfaction: By optimizing the value stream, we improve customer satisfaction through reduced lead times and better-designed products.

Benefits to Expect:

• Cost Reductions: Eliminating waste leads to cost savings and improved profitability.
• Increased Efficiency: Streamlined processes enhance supply chain efficiency.
• Customer-Centric Focus: Better understanding of customer needs leads to improved satisfaction.