Value-stream mapping:
A)is a variation of time-function mapping.
B)examines the supply chain to determine where value is added.
C)extends time function mapping back to the supplier.
D)starts with the customer and works backwards.
E)All of the above are true.

Question

Quizplus · Accepted Answer

Value-stream mapping is a comprehensive method that combines the principles of time-function mapping, supply chain analysis, and customer-driven approach. It starts with the customer's needs and requirements and maps out the entire value chain, including all the activities, processes, and functions that add value or waste. It extends back to the supplier's end to identify the source of raw materials, inputs, or services that enable the value delivery process. Therefore, all the statements A, B, C, and D are correct.

Value-Stream Mapping