Value Stream Assessment
An IndustryWeek online training course, in partnership with BMGI

What you will learn

Overview 

Value stream mapping is an important tool used to examine processes for improvement opportunities, but have you ever finished creating the map and then thought, “Now what?” In reality, the practical execution of a value stream strategy goes well beyond the data boxes, flow lines and Kaizen bursts.

As a practitioner you know a value stream map gives a good visual representation of your process. Its creation brings people together to provide a common understanding of the current state and improvement opportunities. But with a finite number of resources available in organizations today, the greatest challenge is selecting the right process improvement projects that garner the greatest benefits and developing a plan to complete those projects quickly.

This interactive webinar takes you beyond the textbook theory of value stream mapping to the End-to-End Value Stream Assessment, demonstrating how you can dissect a process and create a workable improvement plan, from start to finish, which can be applied in your everyday workplace. BMGI’s nine-step methodology for Value Stream Assessment combines 14 different tools into a cohesive process that will become the core of your organization’s improvement execution strategy.

Do you have difficulty with any of the following situations?

  • Acquiring input from all levels of associates
  • Seeing the entire process rather than a mix of unrelated opportunities
  • Communicating the results of rapid improvement events back to the organization
  • Prioritizing improvement opportunities

End-to-end Value Stream Assessments eliminate ambiguity by offering organizations a structured approach for opportunity identification and selection that aligns their improvement efforts with the company’s overall strategic objectives. This focused approach maximizes a company’s return on investment, leverages existing resources and uses the expertise of knowledgeable professionals to identify opportunities in a systemized fashion.

Learning Objectives 

Attendees of this two-hour session will learn how to:

  • Put together a structured approach for evaluating an entire process from start to finish.
  • Identify where processes may be broken or where defects or barriers occur and document them using different value streams.
  • Evaluate project opportunities objectively, so that the organization is tackling the right problems and making the most impact.
  • Develop a pipeline and plan of which projects to execute in sequence and who will lead them.

How you will learn

Online 

This training session, presented in partnership with IndustryWeek, will be conducted using a slides-and-audio format. You will also have the ability to ask the instructor questions, and you can participate in polls the instructor pushes to the audience during the session.

After you complete your registration, you will receive a confirmation email with details for joining the training course, as well as your unique password. On the day of the training, use the instructions in this email to log in. (You'll also receive reminder emails a few days before the training starts, with instructions and your password.)

A few days after the live training session is over, you'll receive an email informing you that the on-demand version is available.

View system requirements and do a configuration test

This webinar is presented in partnership with IndustryWeek.

Course Length: 
2 hours
Cost: 
$ 199
for a single attendee
$ 399
for a group logging in from a single location
Online Agenda: 
  • Understanding the Value Stream Assessment process and deliverables
  • Creating process flow and SIPOC-R maps
  • Utilizing the nominal group technique
  • Conducting a process walk
  • Assessing the focus area
  • Creating a current state map
  • Completing the cause-and-effect matrix
  • Prioritizing focus area opportunities
  • Completing the future state map and charters

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Value Stream Assessment

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Appropriate for

Operational excellence and quality leaders who are responsible for developing their organization’s improvement execution strategy
Lean and Lean Six Sigma practitioners who are responsible for identifying improvement opportunities and creating improvement plans
Practitioners who lead Kaizen rapid improvement events and value stream mapping sessions

Course at a Glance

 

Course Length

Online:
2 hours

Cost

Online: $ 199
: $ 399 (without mentor support)

Credits

Online: 0.2 CEUs