A company's value stream map depicts only the value-added activities needed to complete a process or product.

Question

Quizplus · Accepted Answer

A value stream map is a visual representation of the flow of tasks and processes needed to deliver a product or service to the customer. It includes all the processes, both value-added and non-value-added, that contribute to the final product or service. However, the goal is to simplify the process and eliminate any non-value-added activities, thus focusing on the value-added ones.

A Company's Value Stream Map Depicts Only the Value-Added Activities