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Value Stream Method 4.0: Holistic Method to Analyse and Design Value Streams in the Digital Age

Hartmann, Lukas and Meudt, Tobias and Seifermann, Stefan and Metternich, Joachim (2018):
Value Stream Method 4.0: Holistic Method to Analyse and Design Value Streams in the Digital Age.
In: Procedia CIRP, 6th CIRP Global Web Conference – Envisaging the Future Manufacturing, Design, Technologies and Systems in Innovation Era, Elsevier B.V., pp. 249-254, 78, ISSN 2212-8271, DOI: 10.1016/j.procir.2018.08.309, [Online-Edition: https://doi.org/10.1016/j.procir.2018.08.309],
[Article]

Abstract

The value stream method (VSM) is a well accepted, widely used and holistic method for mapping, analyzing and designing value streams in order to reduce waste. However, the new, promising opportunities of digitization and Industry 4.0 to integrate information flows, lower lead times and improve flexibility or productivity in complex environments are not covered by VSM. While a large number of guidelines and maturity models for Industry 4.0 is available, no sound method with a step-by-step-guidance for designing value streams holistically exists to date. With the VSM 4.0, consisting of a previously published Value Stream Analysis 4.0 (VSA 4.0) and a Value Stream Design 4.0 (VSD 4.0), we close this gap. The easy understandable and meanwhile often validated VSM 4.0 method helps to see classical as well as information wastes and designs lean value streams in terms of material and especially information flows.

Item Type: Article
Erschienen: 2018
Creators: Hartmann, Lukas and Meudt, Tobias and Seifermann, Stefan and Metternich, Joachim
Title: Value Stream Method 4.0: Holistic Method to Analyse and Design Value Streams in the Digital Age
Language: English
Abstract:

The value stream method (VSM) is a well accepted, widely used and holistic method for mapping, analyzing and designing value streams in order to reduce waste. However, the new, promising opportunities of digitization and Industry 4.0 to integrate information flows, lower lead times and improve flexibility or productivity in complex environments are not covered by VSM. While a large number of guidelines and maturity models for Industry 4.0 is available, no sound method with a step-by-step-guidance for designing value streams holistically exists to date. With the VSM 4.0, consisting of a previously published Value Stream Analysis 4.0 (VSA 4.0) and a Value Stream Design 4.0 (VSD 4.0), we close this gap. The easy understandable and meanwhile often validated VSM 4.0 method helps to see classical as well as information wastes and designs lean value streams in terms of material and especially information flows.

Journal or Publication Title: Procedia CIRP, 6th CIRP Global Web Conference – Envisaging the Future Manufacturing, Design, Technologies and Systems in Innovation Era, Elsevier B.V.
Volume: 78
Uncontrolled Keywords: Lean, Optimization, Value Stream
Divisions: 16 Department of Mechanical Engineering
16 Department of Mechanical Engineering > Institute of Production Management, Technology and Machine Tools (PTW)
16 Department of Mechanical Engineering > Institute of Production Management, Technology and Machine Tools (PTW) > CiP Center for industrial Productivity
Date Deposited: 03 Dec 2018 09:35
DOI: 10.1016/j.procir.2018.08.309
Official URL: https://doi.org/10.1016/j.procir.2018.08.309
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