Lean Thinking & Value Stream Management

Course details

The need for rapid and sustainable development within supply chains is one of key imperatives of today's business environment. This course focuses on understanding the value stream concepts and practicing the lean tools and techniques in strategic change management environment.

Expected Accomplishments

• Understand value stream concept
• Apply value stream analysis tools
• Making change in value stream
• Manage supply as a strategic process
• Managing distribution within the value stream
• Improving new product introduction and development processes
• Improving promotion process

Course Outline

Understanding the value stream:

• Understanding improvement areas in the value stream o Mapping physical ft informational flows o Value stream analysis tool
• Thinking strategically about change
• Deploying strategic management in value stream o Managing key processes o Developing standard operations

Thinking strategically about supply

• The management of supply as strategic process
• Purchasing in complex environment
• Strategic performance measurement systems

Making change in supply management

• Transparency in the value stream
• Supplier development
• Vendor - managed inventory (VMI)

Making change in other linked processes

• Mapping promotions within the value stream
• Mapping new product introduction and new product development
• Managing distribution within the value stream