Tags |
|
|
Links |
|
|
Digg It - Reaping the Benefits of Value Stream Mapping
Value Stream Mapping (VSM) is a proven tool. Well suited for a broad range of industries and processes, VSM is ideal for creating positive organizational changes, developing efficient future states, and producing system-wide benefits in cost, quality, and flexibility. In short,
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
it helps eliminate waste.
But like any tool, VSM must be applied properly. That means avoiding the common errors that invalidate the mapping process. Below are tips on developing an accurate VSM. These tips will not only improve the accuracy of your map and facilitate the mappi
But like any tool, VSM must be applied properly. That means avoiding the common errors that invalidate the mapping process. Below are tips on developing an accurate VSM. These tips will not only improve the accuracy of your map and facilitate the mappi
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
g process, they’ll also help you reap its system-wide benefits.
But first, let’s define a value stream. It includes all the activities required in bringing a product from “raw materials” into the customer’s hands or in providing service to a target audience. Michael Porter, aut
But first, let’s define a value stream. It includes all the activities required in bringing a product from “raw materials” into the customer’s hands or in providing service to a target audience. Michael Porter, aut
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
or of Competitive Advantage: Creating and Sustaining Superior Performance, was among the first to talk about value chains and value streams. In his definition of a value stream, he includes primary activities, like inbound logistics, and support activities, like procurement. Por
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
er relates these activities to gaining a competitive advantage.
One key to value stream mapping suggested by Porter’s definition is to clearly define the product or service to map. In other words, make sure you have a value stream to map before engaging in the process, since th
One key to value stream mapping suggested by Porter’s definition is to clearly define the product or service to map. In other words, make sure you have a value stream to map before engaging in the process, since th
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
objective is to identify system-wide waste occurs and then remove it. Unfortunately, some apply VSM in situations where there’s no product or control part, such as in product development processes. Make sure there’s a repeatable action or control part to follow before creating
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
a value stream map. Otherwise, you’ll just be wasting time and resources.
Another key to developing a VAM is observing performance first hand. While many value streams are simple, many are also complex. In some cases, the production process or service delivery effort is long an
Another key to developing a VAM is observing performance first hand. While many value streams are simple, many are also complex. In some cases, the production process or service delivery effort is long an
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
tedious. It other cases it maybe set aside for a few days or a few weeks or the person developing the process needs to complete the map quickly. All of which makes developing a value stream map difficult.
In addition, much of what takes place in the day-to-day operations of a
In addition, much of what takes place in the day-to-day operations of a
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
usiness— phone calls, interruptions, reprioritizations of work—isn’t stored on a computer or in someone’s memory. So depending on engineering standards to fill in the information boxes and determine potential savings won’t work, nor will trying to develop a map while sitting in
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
our office. While the Map might be technically correct, you would be missing many of the activities actually happening on the floor.
Unfortunately, these activities affect production time and the product’s value. Therefore, you must observe the product as it is being produced o
Unfortunately, these activities affect production time and the product’s value. Therefore, you must observe the product as it is being produced o
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
the service as it is being delivered to determine which activities add value and which do not. While it’s sometimes hard to do, it’s critical to gathering accurate data for your VSM. Otherwise, you’re creating a process map, not a value stream map.
Also, make sure you follow t
Also, make sure you follow t
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
he product undergoing production or the service being delivered all the way. Sometimes an observer follows the worker through a long drawn out production process. When he or she stops dealing with the product, the observer, follows the worker instead of the control part. This ca
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
spell disaster.
Let’s say, for example, the product is a patient in a doctor’s office. When the doctor finishes his exam, the observer needs to follow the patient, not the nurse who’s updating the patient’s chart. If the observer follows the nurse, he or she is mapping the nur
Let’s say, for example, the product is a patient in a doctor’s office. When the doctor finishes his exam, the observer needs to follow the patient, not the nurse who’s updating the patient’s chart. If the observer follows the nurse, he or she is mapping the nur
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
e’s work, not the work being done on the control part, which stopped when the patient went home.
In addition, be aware of product families when developing a VSM. Most firms produce more than one product family. Sometimes, it gets complicated following a single product family be
In addition, be aware of product families when developing a VSM. Most firms produce more than one product family. Sometimes, it gets complicated following a single product family be
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
ause the observer did a poor job of identifying the key product family before hand. By not identifying the product family, the observer risks being distracted and following the wrong processing path.
Two common problem areas in value stream mapping are ignoring shared resources
Two common problem areas in value stream mapping are ignoring shared resources
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
and double counting time. These pitfalls can invalidate the accuracy of a value stream map.
Most companies have shared resources. These resources—which may be people, assembly lines, or equipment—often support multiple product families. If the observer forgets to identify these
Most companies have shared resources. These resources—which may be people, assembly lines, or equipment—often support multiple product families. If the observer forgets to identify these
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
shared resources when developing a value stream map, the map will be incorrect. Identify the shared resources in a value stream ahead of time. Forgetting to do so will produce incorrect estimates for things like cycle times. And that in turn will affect the map’s end product.
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
lso, makes sure you understand exactly what goes in an information box and what is a processing step. Changeovers usually go in an information box, but what about travel time. The key is separating the actual work involved in completing the product or service from the things tha
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
cause inventory to build up. Long changeovers cause inventory to build, but what about long distance travelling? Both activities may need be eliminated because they both cause inventory to build.
These tips will help you develop accurate value stream maps. The maps will, in tu
These tips will help you develop accurate value stream maps. The maps will, in tu
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
n, help cut waste from your production processes or service deliver sequence, streamlining operations, cutting costs, and improving customer service. More importantly, they’ll help you reap the system-wide benefits VSM provides, making your efforts both productive and profitable
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/22593/diggit-Reaping-the-Benefits-of-Value-Stream-Mapping.html">Reaping the Benefits of Value Stream Mapping</a>
BB link (for phorums):
[url=http://www.diggit.org.ua/article/22593/diggit-Reaping-the-Benefits-of-Value-Stream-Mapping.html]Reaping the Benefits of Value Stream Mapping[/url]
Related Articles:
Let Your Life Passions Fuel Your Business Purpose
How to Exceed Your Client's Expectations in the Consulting Marketplace
Bookmark it:
|