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Value Stream

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Value Stream - definitions

Value Stream - All activities, both value added and nonvalue added, required to bring a product from raw material state into the hands of the customer, bring a customer requirement from order to delivery and bring a design from concept to launch. Also see "information flow" and "hoshin planning."

[Category=Quality ]

Source: American Society for Quality, 28 October 2010 09:37:44, External

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Value Stream - A value stream is all the steps (both value added and non-value added) in a process that the customer is willing to pay for in order to bring a product or service through the main flows essential to producing that product or service.

[Category=Data Quality ]

Source: iSixSigma, 03 March 2011 09:03:47, External

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