This video explains what value stream mapping is, and why you should learn the technique. Value stream mapping was developed by Toyota and is known internally as Materials and Information Flow Analysis.
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Introduction & the Real Problem - 0:00
Do you know how you do what you do? - 00:46
Work as Imagined vs Work as Done - 01:32
Silos and Islands - 02:19
Value Stream Definiton - 02:50
Where VSM comes from - 03:24
Information Flow - 03:47
The key purpose - 04:47
Avoid Sub-Optimization - 05:02
Theory of Constraints and Bottlenecks - 05:40
Increase Output by 20% - 06:44