valuestream
nounUK /ˈvæljuː striːm/
US /ˈvæljuː striːm/
A value stream is all the steps a team takes to turn an idea into something a customer uses.
The team mapped the value stream to find where work slowed down.
RELATED WORDS
OTHER MEANINGS
2. In lean manufacturing, the full set of actions needed to bring a product from order to delivery.
They drew a value stream map of the factory floor.
3. A long-lived team organized around one product or service rather than a function.
The bank created a value stream for its mobile app.
4. The sequence of activities that adds worth to a product at each stage.
Every step in the value stream should add value for the buyer.