Tag Archives: process

Time Value Map Template

A time value map is a tool for representing the value-added and non-value-added time in a process. In a time value map, all activities are plotted as bars proportional to their time values along a horizontal timeline. Only value-added activities are plotted above the timeline and everything else is plotted below the timeline. This time value map template can be used to monitor how much time is wasted in any process.

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Process Yield Calculator

Process yield measures are metrics used to better understand process yield. These metrics should be able to reveal even the smallest inefficiencies in the process in to order to improve process efficiency and capability. Process yield measures are basically obtained by dividing good product units produced by the number of total units entered the process. Many companies use two metrics to measure the total process yield; final yield and rolled throughput yield.

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Process Map Template

A process map is a graphical representation of the process. Process maps are simple ways of making sense of what happens or should happen in a process. There are many software applications and online services that allow the drawing of process maps. However, this template is pretty simple and straightforward where you can draw simple customizable process maps.

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What is a Process

What is a Process

The products and services delivered by any organization are the result of processes. Any business activity whether it is industrial, commercial or service-oriented can be considered as a process. Managing these processes is a key to success for any organization. A process can be defined is a set of steps designed to produce a product or service to add value to a customer. It starts with a business goal and ends with the achievement of the that goal.

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Flowchart Template

A flowchart is a diagram that illustrates the steps in a process. It allows to draw the movement of materials, products, people, documents, and other item, thus help understanding, analyzing and communicating the process. There are many software applications and online services that allow the drawing of flowcharts. However, this template is pretty simple and straightforward where you can draw simple customizable flowcharts.

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Graphical Analysis


Graphical Analysis

Graphing the data can be utilized for both historical data already available and when analyzing the data resulting from live data collection activities. Of course, you need to pick the right graphical tool as there are a lot of different ways to plot your data. A number of commonly used graphical tools will be covered here. However, note that if one graph fails to reveal anything useful, try another one.

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Normal Distribution

Normality Test

Continuous distributions describe variables that take values from a continuous range and can be measured with any degree of accuracy. The commonest and the most useful continuous distribution is the normal distribution. The Normal Distribution is a symmetrical probability distribution where most results are located in the middle and few are spread on both sides. It has the shape of a bell and can entirely be described by its mean and standard deviation.   Read more »  


 

RACI Matrix

RACI Matrix

A RACI matrix is an effective way to define the roles and responsibilities of various stakeholders towards achieving a common goal. It brings clarity to the roles people play within a project, business process, or change initiative. Its a type of stakeholder analysis and can be linked with other project management tools such as the power-interest matrix and the work breakdown structure. RACI stands for Responsible, Accountable, Consulted and Informed.

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Value Analysis

Value Analysis

Value is one of the most important concepts within Lean thinking and one of the most valuable outcomes Lean provides. Value Analysis focuses on what adds value to business processes as perceived by the customer. A process that does not add value to the product or service should be redesigned or eliminated altogether. Problem solving and continuous improvement efforts often focus on those aspects of processes that add no value to the customer and are therefore wasteful.   Read more »