Examine the current process design of that product or service in alliance with the 4 Vs model and illustrate the operational process by using either a Flow Chart or Value Stream Map technique.
Different manufacturing processes have different strengths and weaknesses as some are best suited to making small numbers of customized products, while others excel at producing large volumes of standard item. Companies must therefore carefully consider the strengths and weaknesses of different processes and make appropriate decisions as part of their overall business strategy not just […]