A Literature Review on Lead Time Reduction Using The Value Stream Mapping

Value Stream Mapping has the reputation of uncovering waste in manufacturing, production and business processes by identifying and removing or streamlining value-added steps and eliminating non-value-added steps.The non-value actions are identified in each step and between each step by their waste of time and resources.The Manufacturer goal is to satisfy the customer with the exact product, quality, quantity, and price in the shortest amount of time. It can only be achieved if the company is able to create and to implement effective and efficient processes in each of its line of their business. For this purpose lean tools are used because lean focus on the continuous improvement of a company towards the ideal through the relentless reduction of waste.Value Stream Mapping is a powerful lean tool for identifying the waste and this paper defines concept of Value Stream Mapping and various literatures related on VSM and will be useful for new research in current field. The reengineered process is flow charted in its future state with process steps and information flows redesigned, simplified and made less expensive. This paper addresses the application of lean manufacturing concepts to the manufacturing industry.