Assess each of the seven value stream mapping tools. Account for the choice of the five specific tools used in the case example. Explain your answer.
REQUIREMENTS Havard Reference Use real life examples that demonstrate understanding and mastery of the topic. Clearly using your own words and experiences to demonstrate understanding of the topic
Work carried out in the first Supply Chain Development Programme (SCDP I), together with early work in the second programme (SCDP II), has shown that in order fully to understand the different value streams[1] in which the sponsors operate, it is necessary to map these intercompany and intracompany value- adding processes. These value-adding processes make the final product or service more valuable to the end consumer than otherwise it would have been.
The difference between the traditional supply or value chain and the value stream is that the former includes the complete activities of all the companies involved, whereas the latter refers only to the specific parts of the firms that actually add value to the specific product or service under consideration. As such the value stream is a far more focused and contingent view of the value- adding process.
Inappropriate processing occurs in situations where overly complex solutions are found to simple procedures such as using a large inflexible machine instead of several small flexible ones. The over-complexity generally discourages ownership and encourages the employees to overproduce to recover the large investment in the complex machines. Such an approach encourages poor layout, leading to excessive transport and poor communication. The ideal, therefore, is to have the smallest possible machine, capable of producing the required quality, located next to preceding and subsequent operations. Inappropriate processing occurs also when machines are used without sufficient safeguards, such as poke-yoke or jidoka devices, so that poor quality goods are able to be made.
Attachment:- SCM_Question.pdf