A value stream map is a visual tool that displays all critical steps in a specific process and quantifies the time and volume taken at each stage. Value stream maps show the flow of both materials and information as they progress through the process.
Unfortunately, creating value stream maps is usually a manual, time-intensive process with a cross-functional team gathered in a conference room. The times used in the map are estimated. The maps often get out of date very quickly once they are complete.
We can help you modernize your Value Stream Maps using Industry 4.0. Using these tools, the maps can be continually updated based on information directly from the shop floor. They can show more information than ever before. And they can be used as a management tool for when material flows change on the ship floor.