Home » Concepts » Supply Chain Management and Factory Planning » Value Stream Mapping
An essential element of an efficient production process is a lean organization with high equipment availability, a high degree of efficiency and low scrap rates. With Value Stream Mapping we use a recognized method to measure and display transparently the current structure of the entire processing landscape.
Key processes, peripheral areas as well as the supplier-customer chain must be evaluated. Using our enhanced analysis of value stream, also called Value-Stream-Mapping (VSM), we clarify central influences.
Our creative consultants have expanded recognized methods of value stream mapping using complex simulation to create an additional analytical instrument.
A German shipyard had to decide whether to bring the manufacture of a steel hull in house or outsource it. Our management consultants were commissioned to study both options in detail and prepare suggestions to optimize internal production.
First, approximately 2000 individual processes for steel processing were analyzed and combined in a simulation with work times, resources and throughput times. Factory planning and optimization suggestions were discussed with the production team and their effects on costs and through times were simulated.
To maintain their internal workforce the shipyard decided to manufacture in house and implemented the 10 most effective improvement measures, saving 20% of the man-hours to produce the steel. In a further step, the Targus experts analyzed the pipefitter shop using the successful factory planning concept and achieved a cost reduction of 25% and a reduction of throughput times of almost 50%.
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