The Process
SPECIFY VALUE
Define value from the standpoint of the final customer
IDENTIFY THE VALUE STREAM
Identify All of the Actions Required to Deliver the Product or Service to the Customer (Both Internal and External to the Enterprise)
Identify muda and eliminate wasteful steps in the process
MAKE VALUE FLOW
Rearrange the Process to Make the Value Stream Flow without interruption
LET THE CUSTOMER PULL VALUE THROUGH THE PROCESS
At the Rate the Customer Requires the Product or Service: "TAKT Time" = the Customer's Pace of Demand
PERFECTION
The Relentless Drive to Identify and Eliminate Waste (MUDA) from the Value Delivery Process and Reduce Variation
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