Business & Finance Homework Help

Company NIKE INC.

Overview: Value stream mapping is a qualitative lean systems tool aimed at eliminating waste (muda) in many manufacturing processes. Value stream mapping is useful because it creates a visual map of every process involved in the flow of materials and information in a product’s value chain (worth of operations).

Prompt: Using the example of a value stream map in Table 6.1(in Chapter 6 of the course textbook), produce a value stream map of the company you selected to research for your final project. (You may focus on a specific product line or division within the company.) In similar chart form, be sure to include each of the eight types of waste and how they apply to your selected company. You may use the textbook information and any outside sources identified in your research so far to inform your response. The eight types of waste are as follows:

1. Overproduction

2. Inappropriate processing

3. Waiting

4. Transportation

5. Motion

6. Inventory

7. Defects

8. Underutilization of employees

For more information on how to develop a flow chart, see the following video tutorials:

 Create a Flow Chart With SmartArt Graphics

 Create a Flow Chart With PowerPoint

Your value stream map should outline the three parts of the value stream mapping process:

1. Evaluation: Include a current-state value stream map, as exemplified by the instructions and process steps in Chapter 6 of the course textbook. This will require an evaluation of the present processes being investigated. Be sure to include all relevant processing steps, timeline elements, and transportation methods for delivery on incoming shipment of product.

2. Projection: Include a future-state value stream map, which projects how the value stream map would lay out after improvements are made.

3. Analysis and Recommendations: Include an implementation plan, as exemplified by the instructions and process steps in Chapter 6 of the course textbook. Be sure to completely analyze the current-state value stream map, identify instances of bottlenecks and waste (muda), and clearly explain the improvements that can be made to achieve a leaner process.

The current-state and future-state value stream maps should be included in the document you submit. Outside sources identified in your research so far can be used to inform your responses. Note that this exercise will help you prepare for the tasks in the Milestone Two assignment.

Guidelines for Submission: Submit a 3- to 5-page document with double spacing, 12-point Times New Roman font, and one-inch margins. Your sources should be properly cited according to APA style on a References page at the end of your report. Your value stream maps should be included in the document you submit. They may be created as tables in the document, or they may be images that you create in another application and paste into your submission.