Streamlining value delivery
Throughout this book, we note that in today’s fast-paced business environment, timely and cost-effective value delivery is paramount. This section delves into the approach to refining value stream flows. It provides insights on aligning processes and techniques to balance time and cost, ensuring that organizations are adeptly positioned to meet, if not surpass, market demands.
Classifying value streams
At the heart of any organization is its commitment to delivering value, and value streams serve as the primary conduits for this delivery. These are end-to-end sequences where work, materials, and information synergize, moving smoothly to offer customer-centric value via products, services, or other tangible results.
Value streams
A value stream is the series of steps and activities that an organization employs to design, develop, and deliver products or services to its customers. Value streams chart the flow of materials and information...
