Value Stream Mapping

Cite this article as:"Value Stream Mapping," in The Business Professor, updated April 22, 2020, last accessed October 21, 2020,


What is Value Stream Mapping (VSM) or Value Stream Analysis?

Value stream mapping is a method for analyzing the value delivery process in a business. More specifically, it is primarily used to create a graphical or visual representation of the value chain in a business. This includes mapping operations and administrative processes. Collectively, this is known as the flow value or a value flow visualization.

Value stream mapping is used to increase efficiency by minimizing waste and more efficiently allocating resources – such as time, labor, materials, equipment, and information. It helps identify inefficiencies, such as process bottlenecks. Value stream mapping is integrated into quality management and lean management approaches.

Was this article helpful?