The IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
from 10-12-2017 to 13-12-2017
IEEE Singapore Section, IEEE TEMS Singapore Chapter, IEEE TEMS Hong Kong Chapter
Singapore
Singapore
[en] Continuous Improvement ; Lean Management ; Process Optimization ; Standardization ; Supply Chain Network ; Value Stream Management
[en] In numerous sectors and industries worldwide, there is a trend towards an intercompany and often international division of value creation and related work tasks. To overcome the challenges of complex cross-enterprise supply chain networks, innovative approaches to visualize, assess and enhance value streams are sought. The StreaM method, which is described in this paper, enables a comprehensive analysis, design and planning of cross-company product and information flows on different levels of value stream detail. At the same time, the entire methodology is based on a common understanding of key symbols, parameters and calculation procedures. In addition, the use of the developed StreaM method and the associated model in a case study proves its practical applicability in an industrial setting. In further validation projects, the transfer of the “Standardized cross-enterprise Value Stream Management Method” to other industry sectors is envisaged to continuously improve energy, trade or service processes.
University of Luxembourg: Research Unit in Engineering Sciences