Digitalized value stream mapping: review and outlook
Julia Horsthofer-Rauch, Marek Schumann, Michael Milde, Susanne Vernim, Gunther Reinhart
Abstract
Value stream mapping (VSM) is a well-established method for analyzing production processes, material flow and information flow. Despite extensive benefits, conducting VSM manually is becoming inefficient and ineffective due to increasing production and product complexity. Concepts for digitally analyzing value streams have emerged addressing the issues of manual VSM. This paper aims to review existing scientific approaches concerning digitalized VSM in the context of manufacturing. The approaches are examined with regard to their practicality in the industrial context. Furthermore, the potential of employing process mining methods for digitalized VSM is discussed.