Managing the Extended Value Stream
Striving for overall performance improvement, not for local peaks
Direct the Overall Flow of Product and Information
It is critical to understand the overall workstream all the way from supplier to customer. This allows you to select and coordinate improvements for real breakthroughs. In most organizations today, improvements are focused on “local problems” within each department, assuming that independent improvements will lead to an overall breakthrough.
We help our clients to quickly analyze the current Value Stream with a minimal workload for operators and managers for gathering data. Usually this leads to initial results from “Future State 1” within 3 months.
Building on this success and improved value stream oriented transparence in the next steps, we work on organization and teams in the Value Stream. Analysis becomes more complex and more insightful for achieving the appropriate detail for each Value Stream. Results become more significant and lasting.
The first step is to select a product and the key metrics you want to improve. Capacity, Conversion Costs, Throughput Times, Total Cost of Ownership, Service Levels at reduced Lead Times… Which do you want to tackle?
A medical products company improved its overall supply chain, from forecasting through in-house assembly to shipment. We helped address poor forecast quality and high variation in supplier performance through systematic minimum safety stocks, better flow of information on critical parts and better alignment of logistics & production. The successes continued after the project, thanks to redesigning the organization, creating more transparent performance methods and continuously improving processes.