APPLYING THE PRODUCTION’S OPERATIONAL MANAGEMENT WITH THE HELP OF THE VALUE STREAM MAPPING METHOD

Stelian Panzaru

Review of General Management, 2012, vol. 15, issue 1, 93-108

Abstract: The purpose of applying the value flux method is increasing the value creation and reducing the waste. This method has been applied for the first time by Toyota. It is also called “The presentation of the material and information flux” and it is used in order to present the real planned stages along the development of the plans’ implementation. A particular consideration is given to the introduction of the continuous production fluxes (value creator) as well as the waste reduction.

Keywords: production; flux; added value (search for similar items in EconPapers)
JEL-codes: D24 D51 G21 G24 M10 P47 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:fmb:journl:v:15:y:2012:i:1:p:93-108

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