Author : Meghali Gaikwad, Dhanashri Shevade and Bhat Prasad Krishna

A value stream is the sequence of processes of creating, producing, and delivering a good or service to the market. A value stream may be internal to a company, or it may include external suppliers in addition to internal processes. Value Stream Mapping (VSM) is the one of the lean manufacturing tool. It captures the information at individual stations about station cycle time, up time or utilization of resources, set-up time or change over time, work in process inventory, man power requirement and the information flow from raw material to finish goods. It covers both value adding as well as non-value-adding activities. However, VSM method is used to explore the wastes, inefficiencies, non-value added steps in a single, definable process.This paper addresses the implementation of value stream mapping in automotive industry (assembly line). The main focus of this paper is to map the current state to give details about the existing position and identify various problem areas, followed by the future scope.

Keywords: VSM, Value added and non value added time, Lead time, LM