Choose Index below for a list of all words and phrases defined in this glossary.


Value Stream

index | Index

Value Stream - definitions

Value Stream - All activities, both value added and nonvalue added, required to bring a product from raw material state into the hands of the customer, bring a customer requirement from order to delivery and bring a design from concept to launch. Also see "information flow" and "hoshin planning."

[Category=Quality ]

Source: American Society for Quality, 28 October 2010 09:37:44, http://www.asq.org/glossary/ External


These advertisers support this free service


Value Stream - A value stream is all the steps (both value added and non-value added) in a process that the customer is willing to pay for in order to bring a product or service through the main flows essential to producing that product or service.

[Category=Data Quality ]

Source: iSixSigma, 03 March 2011 09:03:47, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary External


Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl