Value Stream

• Value Stream is a series of activities. 
• Starts with the Supplier and ends at the customer. 
• Wastes are explicit and hidden along this value stream. 

Components of Value Stream

• Flow of materials
• Transformation of raw materials into finished products/services
• Flow of information

Value Stream

This is for my own reference:

1. You are able to tell all the product / services your unit / vertical produces / offers.
2. You are able to map the products / services back to the teams (A 1-1 mapping or multiple teams that deliver a particular product / service. Efficiency decreases / time to market increases if there are multiple teams mapped to a product / service).