Value Stream 4.0 by Metternich, Joachim; Meudt, Tobias; Hartmann, Lukas;

Short description:

This book describes how material and information flows of a value stream can be synchronized with the aim of processing orders as quickly and waste-free as possible. The approach described goes beyond the classic value stream method and considers order processing from the customer's request to its fulfillment.

Long description:

This book describes how material and information flows of a value stream can be synchronized with the aim of processing orders as quickly and waste‑free as possible. The design of the value stream is systematically oriented toward the requirements of the respective business model. The approach described goes beyond the classic value stream method, which primarily improves material flow, and places its informational focus primarily on the release of production and transport orders.

Value Stream 4.0: A Systems View of Information Flow for Digitalization focuses on the material and information flow within a product family, beginning with the receipt of customer orders through all process steps until delivery of the finished product. It illustrates how the systematic accumulation and provision of information at the right time, place, amount, and quality can enhance efficiency. Additionally, it explores how information can be leveraged to enhance customer value.

This compact, yet powerful book, is written for production managers, lean managers, operations managers, researchers, and students.

This book offers a holistic, systematic approach to identifying digital waste and aligning both material and information flows. It enables us to achieve the shortest processing times for individual customer orders.

 - Dr.-Ing. Philipp Kuske, COO TRUMPF Schweiz AG

Value Stream 4.0 transforms the classic value stream method for the digital production age. This book shows in an easy-to-understand, step-by-step manner how the end-to-end digitalization of order processing along the value stream can succeed. A valuable guide for your next value stream project!

 - Steffen Scheuring, Head of Process Management & Lean Service Innovations Fresenius Medical Care Deutschland GmbH

Table of Contents:

1. A New Perspective on the Value Stream Method. 2. Setting the Stage for a Successful Project. 3. Value Stream Mapping 4.0 - Analyzing the Current State. 4. Value Stream Design 4.0 – Understanding & Guidelines. 5. Value Stream Design 4.0 – Determining the TARGET State. 6. Appendix and Symbols.