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Seeing the Whole: Mapping the Extended Value
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Authors: Daniel T. Jones, James P. Womack
By identifying all the steps and time required to move a typical product
from raw materials to finished goods, the authors show that nearly 90
percent of the actions and 99.99 percent of the time required for the value
chain's Current State create no value. In addition, the mapping method
clearly shows demand amplification of orders as they travel up the value
stream, steadily growing quality problems, and steadily deteriorating
shipping performance at every point up stream from the customer.
The mapping methodology takes managers step-by-step through an improvement
process that converts the traditional value stream of isolated operations
into an ideal future-state value stream in which value flows from raw
materials to customer in just 6 percent of the time previously needed. The
dramatically improved value stream also eliminates unnecessary transport
links, inventories, and handoffs, the key drivers of hidden connectivity
costs.
Applying the method to a realistic example, the authors show how four firms
sharing a value stream can create a win-win-win-win-win future in which
everyone, including the end consumer, can be better off.
ORDER CODE: PP-4359
BOOK
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