IMPROVE THE FLOW OF INVENTORY AND INFORMATION BY USING VALUE STREAM MAPPING TO ACHIEVE A COST SAVING IN AN INDUSTRY
Author’s Name : Krishna Chandra Mishra
Volume 01 Issue 03 Year 2014 ISSN No: 2349-3860 Page no: 15-18
Studies on applications of lean in a continuous process industry are limited. There is lot of opportunities for improvement in the process industries. If lean tools are utilized This paper addresses the application of Value Stream Mapping as one of the Lean tools to eliminate waste, and improved operational procedures and productivity. Current state map is prepared and analyzed and suggested to improve the operational process. Accordingly the future state map is drawn. The study reveals that there is an improvement in the tact time by implementing the proposed changes if incorporated in the future state map. A value stream map takes into account not only the activity of the product, but the management and information systems that support the basic process. This is especially helpful when working to reduce cycle time, because you gain insight into the decision making flow in addition to the process flow. It is actually a Lean tool. Studies on applications of lean in a continuous process industry are limited. There is lot of opportunities for improvement in the process industries.
Value Stream Mapping, Lean Manufacturing, Current State Map, Future State Map
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