Lean is a well-established approach for identifying and reducing the waste that occurs in every business process. It helps organizations pinpoint exactly where inefficiencies exist. Owing to its collaborative nature, it also provides multi-functional teams a means to design and implement process improvement initiatives that can increase organizational productivity and enhance service delivery.
CBP incorporates industry standard Value Stream Mapping (VSM) for improved understanding of the resource and cost impacts of Lean process improvement initiatives. By sharing data such as Processing Time and % Complete & Accurate between VSM and BPAC models, CBP enhances Lean by providing a dynamic approach that allows users to test the operational and financial impact of proposed changes.
This 50 minute webinar delivered by CBP Partners Barrington OPS and Landmark Decisions, explores how Lean principles can be merged with Activity-Based Planning concepts into a comprehensive approach for resource management and process improvement by creating a "Digital Twin of an Organization (DTO)" model.
Following the Lean Six Sigma DMAIC approach, viewers will learn how to:
An overview on how Lean Value Stream Mapping (VSM) can be enhanced via Activity-Based Planning (ABP) concepts for better insights into resource capacity management and costing. The article describes how the Lean DMAIC approach overlaps with a well known 8-Step implementation methodology for ABP. It also describes various Lean and ABP technologies that support this vision of an integrated solution.