Time Value Map and Six Sigma


Posted by: meikah | 26 February 2007 | 1:19 am

In everything that we do, there is a process. Things get done through a process. A system works well with processes. Most importantly, any process works better with a time value map.

Over at Business Knowledge Source, an article discusses how a time value map can be used in Six Sigma to improve processes. It starts with a definition of a Time Value Map:

A tool used in Lean and Six Sigma methodology that tracks a work item through its process and tracks where it spends its time. It follows the product from raw material to output into the customer’s hands to determine where it spends valuable time and where waste time can be eliminated.

Based on the definition alone, time value map is really important to Lean and Six Sigma. It can point out at which areas in the value chain or processes a product or service is spending value-adding or non-value—therefore waste—time. As a result, you will know which process to improve or to eliminate altogether.

It is important to note also that both value-adding time and non-value adding time are determined by the customers. The former being that the customer sees the product and it adds value to them, while the latter, refers to the work or tasks that the customers they didn’t pay for.

Source:
Business Knowledge Source, “What is a time value map and how is it used in Six Sigma?” with link provided by Six Sigma Zone

 Filed under: Deployment, Processes, Tools/Toolkits | | No Comments »






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