A bearing manufacturer in Pune was struggling with a 22-day lead time for a product their customer wanted in 5 days. Management assumed the problem was machine capacity. A 3-day Value Stream Mapping exercise revealed something different: the actual machining time was 47 minutes. The other 21.5 days were waiting — in queues, in batches,
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In today’s rapidly evolving business landscape, maintaining a competitive edge is paramount. To achieve this, organizations must continually adapt, innovate, and optimize there operations. One approach that has gained significant traction in recent years is the adoption of a value stream organizational structure. In this article, we will delve into what a value stream organizational
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