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‘Value Add and Non-Value Add’ analysis. Process of MUDA elimination(हिंदी में सीखे) |
 
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Learn how to conduct Value Add and Non-Value Add analysis to eliminate MUDA from process. Explained with example. ……………………………………………………………… Watch other videos from ‘Quality HUB India’- - Link of video Gallery https://www.youtube.com/channel/UCdDEcmELwWVr_77GpqldKmg/videos • Subscribe and click on Bell Icon for getting notification. • Like, comment & Share link of the video with your colleague and friends ……………………………………………………………… For In-House Program, Advertisement at our channel and Business inquiry Contact us at: [email protected] ……………………………………………………………… Link to buy books 1. Mistake-Proofing Simplified: An Indian Perspective: https://www.amazon.in/gp/product/8174890165/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=8174890165&linkCode=as2&tag=qhi-21 2. Management Thoughts on Quality for Every Manager: https://www.amazon.in/gp/product/B0075MCLTO/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B0075MCLTO&linkCode=as2&tag=qhi-21 ……………………………………………………………………… Gadgets we use and Link to buy 1. OnePlus 5 - Mobile https://www.amazon.in/gp/product/B01MXZW51M/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B01MXZW51M&linkCode=as2&tag=qhi-21 2. HP 14-AM122TU 14-inch Laptop https://www.amazon.in/gp/product/B06ZYLLT8G/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B06ZYLLT8G&linkCode=as2&tag=qhi-21 3. Canon EOS 700D 18MP Digital SLR Camera https://www.amazon.in/gp/product/B00VT61IKA/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00VT61IKA&linkCode=as2&tag=qhi-21 4. Sonia 9 Feet Light Stand LS-250 https://www.amazon.in/gp/product/B01K7SW2OQ/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B01K7SW2OQ&linkCode=as2&tag=qhi-21 5. Sony MDR-XB450 On-Ear EXTRA BASS Headphones https://www.amazon.in/gp/product/B00NFJGUPW/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00NFJGUPW&linkCode=as2&tag=qhi-21 6. QHM 602 USB MINI SPEAKER https://www.amazon.in/gp/product/B00L393EXC/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00L393EXC&linkCode=as2&tag=qhi-21 7. Photron Tripod Stedy 400 with 4.5 Feet Pan Head https://www.amazon.in/gp/product/B00UBUMCNW/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00UBUMCNW&linkCode=as2&tag=qhi-21 8. Tie Clip Collar mic Lapel https://www.amazon.in/gp/product/B00ITOD6NM/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00ITOD6NM&linkCode=as2&tag=qhi-21 9. Hanumex Generic Green BackDrop Background 8x12 Ft for Studio Backdrop https://www.amazon.in/gp/product/B06W53TMDR/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B06W53TMDR&linkCode=as2&tag=qhi-21 10. J 228 Mini Tripod Mount + Action Camera Holder Clip Desktop Self-Tripod For Camera https://www.amazon.in/gp/product/B072JXX9DB/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B072JXX9DB&linkCode=as2&tag=qhi-21 11. Seagate Backup Plus Slim 1TB Portable External Hard Drive https://www.amazon.in/gp/product/B00GASLJK6/ref=as_li_tl?ie=UTF8&camp=3638&creative=24630&creativeASIN=B00GASLJK6&linkCode=as2&tag=qhi-21
Views: 4368 Quality HUB India
How to Conduct 7 Wastes +1 Analysis and Non-Value Added Analysis【Excel Template】
 
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This video demonstrates the first steps of the Analyze Phase, the Non-Value-Added Analysis, and the 7-Wastes Analysis. In Lean Six Sigma we've added one more to the 7 Wastes, so we call it the 8-Wastes Analysis. By using these analyses, you can sort out many issues in your target process. You can conduct both of the analyses on the Value Stream Map that you would usually have already made in the Define Phase. Our Value Stream Mapping template can show you the guidelines of both of the analyses. You can also put Kaizen Point icons and record your process's issues on the Value Stream Map. This map helps you to visually identify where your Vital-Few issues are in your target process. Of special note: an explanation about the 8th Waste: "Employees' Unused Creativity", which is essential in a service operation's improvement, is a must-see. (Process Improvement Methodology for Service Operations, PMP, Project Management, Lean Six Sigma Japan: Episode 29) << Download the Value Stream Mapping Template >> http://econoshift.com/wp-content/uploads/2015/06/Value-Stream-Mapping-v3.xlsm <<Read this video's transcript in my blog.>> http://econoshift.com/en/non-value-added-analysis-2/ << Related Videos >> The 5 Steps of Value Stream Mapping 【Excel Template Practice】 https://youtu.be/cRWQ3LoIva0 Lean Six Sigma has to start from Voice of Customer: VOC 【Excel Template: VOC Matrix Diagram】 https://youtu.be/Eofdyyvh_4k Lean Six Sigma Version - The 7 (+1) Wastes = 【DOWNTIME】 (Toyota Production System) https://youtu.be/9HY-E2cnliQ << About this Channel >> "Learn world-class Kaizen and improve your work and yourself." This channel is for people who love their jobs, and want to improve their work and themselves. << SUBSCRIBE: (Click the link below.) >> http://www.youtube.com/subscription_center?add_user=UC40p9DIj6R1noH4-mx88oyg << Video Upload Schedule >> A new video is uploaded bi-weekly at 7:30 am EST, Sundays. Please subscribe and share the journey together. << Let's Connect! >> Mike Negami's Blog Site: http://econoshift.com/en/ Free Excel Template Downloads: http://econoshift.com/ja/free-downloads/ Facebook Page: https://www.facebook.com/Econoshift/
Views: 2212 econoshift.com
Understanding Value Added Analysis
 
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Dr Caspar Hewett explains value added analysis
Views: 1209 casparhewett
Session #1 - Bottleneck & Process Mapping
 
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Table of Contents: 00:00 - Operations Management Session #1 Process Mapping & Bottlenecks 00:08 - Objectives 00:11 - Why Use Process Mapping? 00:35 - Process Mapping 01:15 - Process Map Common Symbols 04:37 - Process Terms 04:47 - Process Metrics 08:02 - Process Metrics (cont.) 08:39 - Example 10:09 - Little’s Law 10:57 - Riverview Clinic: Cycle, Throughput, and Takt Time 11:51 - Riverview Clinic: Cycle, Throughput, and Takt Time 11:59 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:05 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:10 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:29 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:42 - Riverview Clinic: Cycle, Throughput, and Takt Time 13:04 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:08 - Bottlenecks 14:29 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:38 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:48 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:48 - Bottlenecks 14:50 - Riverview Clinic: Cycle, Throughput, and Takt Time 15:21 - Riverview Clinic: Cycle, Throughput, and Takt Time 15:37 - Riverview Clinic: Cycle, Throughput, and Takt Time 15:38 - Bottlenecks 15:39 - Bottleneck Example #1 17:49 - Bottleneck Example #2 19:21 - Bottleneck Example #3 22:41 - Value Stream Mapping 23:58 - Non-Value Added Steps 25:13 - Value Stream Mapping 27:30 - Value Stream Mapping Example 29:31 - Value-Added Time Example 30:48 - Value Stream Map Video
Views: 68079 Jason Richter
What is Value Chain? Value Chain Definition, its Management and Analysis | AIMS Lecture
 
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Lecture: What is Value Chain? http://www.aims.education/study-online/what-is-value-chain-definition/ As per Value chain definition, it is a model that explains how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers.
Views: 154915 AIMS Education - UK
Learn How Value Stream Mapping Applies to Any Industry or Process
 
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http://GembaAcademy.com | In this video Ron Pereira explains what value stream mapping is all about and how it can be used to map any process - manufacturing or transactional. To see more VSM and Lean Thinking training videos please visit http://GembaAcademy.com.
Views: 118389 Gemba Academy
Explanation for Value Added vs None Value Added, also the 7+1wastes of Lean
 
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The explanation for Value Added vs None Value Added, also the 7+1wastes of Lean
Session #1 - Bottleneck & Process Mapping
 
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Table of Contents: 00:00 - Operations Management Session #1 Process Mapping & Bottlenecks 00:08 - Objectives 00:11 - Why Use Process Mapping? 00:35 - Process Mapping 01:15 - Process Map Common Symbols 04:37 - Process Terms 04:47 - Process Metrics 08:02 - Process Metrics (cont.) 08:39 - Example 10:09 - Little’s Law 10:57 - Riverview Clinic: Cycle, Throughput, and Takt Time 11:51 - Riverview Clinic: Cycle, Throughput, and Takt Time 11:59 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:05 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:10 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:29 - Riverview Clinic: Cycle, Throughput, and Takt Time 12:42 - Riverview Clinic: Cycle, Throughput, and Takt Time 13:04 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:08 - Bottlenecks 14:29 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:38 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:48 - Riverview Clinic: Cycle, Throughput, and Takt Time 14:48 - Bottlenecks 14:50 - Riverview Clinic: Cycle, Throughput, and Takt Time 15:21 - Riverview Clinic: Cycle, Throughput, and Takt Time 15:37 - Riverview Clinic: Cycle, Throughput, and Takt Time 15:38 - Bottlenecks 15:39 - Bottleneck Example #1 17:49 - Bottleneck Example #2 19:21 - Bottleneck Example #3 22:41 - Value Stream Mapping 23:58 - Non-Value Added Steps 25:13 - Value Stream Mapping 27:30 - Value Stream Mapping Example 29:31 - Value-Added Time Example 30:48 - Value Stream Map Video
Views: 4550 Jason Richter
CMA Part 1 - Operational Efficiency and Business Process Performance
 
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In this video, I have discussed one of the topics from CMA Part 1 Section D which involves the following topics: Supply Chain Management - Lean Manufacturing - Enterprise Resource Planning - Theory of constraints and throughput costing - Capacity Management and Analysis Business Process Improvement - Value Chain Analysis - Value added concepts - Process analysis - Activity based management - Continuous improvement concepts - Best practice analysis - Cost of quality analysis - Efficient accounting processes
Views: 4709 Shaikh Emad Gohar
Value Network Analysis
 
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The video was created as part of the Intermediate Kumu Module of the Systems Thinking World Kumu e-Learning Environment (STW KeLE). Register at http://www.systemswiki.org/
Views: 2676 Gene Bellinger
What is a Process?
 
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Process mapping is first step to any initiative on Business Process Management (BPM), Process Excellence, Operational Excellence, Process Re-engineering, Quality Improvement and Lean Six Sigma. By being Certified as Business Process Mapping Associate, you will be able to map any business process, define company-wide process landscape, identify opportunities for process improvement, understand the complete life cycle of process mapping, learn difference between process, work, activity, function, understand what is value added activity. You will also learn how to map any process using only four symbols. A detailed walk through of real life case study will ensure you to get in-depth knowledge of process mapping and apply in your real business scenarios.
Views: 695 LateralSkills
Value Analysis & Value Engineering Solution for Off Highway Industry
 
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Value Analysis & Value Engineering (VAVE) Solution for Off Highway. Our G-VAVE solution helps reduce product design and manufacturing cost by optimizing product design. Geometric Portfolio for Off-Highway offerings: http://geometricglobal.com/industries/off-highway/
Views: 9558 HCL GeometricPLM
Value Chain Analysis Explained
 
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Michael Porter's Value Chain Analysis can get complicated; particularly when applying the concept to services businesses. Watch this video for a straightforward 3-step process that can help you enhance your customer's value.
Views: 150971 Soma Datta
Throughput Time, Delivery Cycle time, Manufacturing Cycle efficiency
 
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Throughput Time, Delivery Cycle time, Manufacturing Cycle efficiency: Throughput time = Process time+ Inspection time +Move time + Queue time Delivery Cycle time is equal wait time plus Throughput time Delivery Cycle time = wait time + Throughput time Manufacturing Cycle efficiency is equal value-added time over throughput time. In this video, we will learn Delivery Cycle time, Throughput time, Process time, Inspection time, Move time, Queue time, Value added time vs No value added time, Manufacturing Cycle efficiency (MCE). Subscribe: http://youtube.com/accountingplus To like us on Facebook, visit https://www.facebook.com/accountingPlusS/ Now we will move forward to explain these concepts. Delivery Cycle time The amount of time from when a customer order is received to when the completed order is shipped is called delivery cycle time. This time is clearly a key concern to many customers, who would like the delivery cycle time to be as short as possible. Cutting the delivery cycle who would like the Delivery Cycle time to be short as possible. Throughput time (Manufacturing Cycle) time Throughput time is also called Manufacturing Cycle time. The amount of time required to turn raw material into completed products is called throughput time or manufacturing cycle time. Here a question comes to our mind, what is The relation between the delivery cycle time and the throughput time. The relation between the delivery cycle time and the throughput time. Throughput time is equal to Process time, Inspection time, Move time, and Queue time. Let me explain you, what is Process time, Inspection time, Move time, and Queue time. Process time is the amount of time work is actually done on the product. Inspection time is the amount of time spent to ensuring the product is not defective. Move time is the time required to move material or partially completed products from workstation to workstation. Queue time is the amount of time a product spends waiting to be moved to inspection, or to be shipped. Add value to the product-process time. Non-Add vale are inspection, moving, and queuing Let me explain Value added time and Non-value-added time Value added time is the processes and activities in the production or manufacturing process that improves the product or adds usefulness to it. Non-value-added time or activity in a production or manufacturing process is any time spent on a step in that process that adds nothing to the finished product. Only process time is value-added activities of product. The inspection, moving, and queuing added no value and should be eliminated as much as possible. Manufacturing Cycle efficiency (MCE) We will calculate Manufacturing Cycle efficiency by diving value-added time to throughput time. If Manufacturing Cycle efficiency is less than 0.1, which mean 90% of the time a unit is in the process is spent on activities that do not add value to the product. Monitoring the Manufacturing Cycle efficiency helps companies to reduce Non-value-added activities and thus get the product into the hand of customers more quickly and at a lower cost. Here is our previous discussion formula’s. Throughput time is equal to Process time, Inspection time, Move time, and Queue time. Delivery Cycle time is equal wait time plus Throughput time. Manufacturing Cycle efficiency is equal value-added time over throughput time. Let me explain this concept with the help of an example. Let say, A company have the following average time were recorded for each unit. Process time 2 days, Inspection time 0.4 days, Move time 0.6 days, Queue time 5 days and wait time 17 days. Calculate Throughput time, Delivery Cycle time, Manufacturing Cycle efficiency and Non-value-added time. First, we will calculate Throughput time. Throughput time is equal to Process time plus, Inspection time plus, Move time plus, Queue time. Throughput time = Process time+ Inspection time +Move time + Queue time example We will add Process time 2 days, Inspection time 0.4 days, Move time 0.6 days, Queue time 5 days and get 8 days Throughput time. Delivery Cycle time is equal wait time plus Throughput tie Delivery Cycle time = wait time + Throughput time Now we will calculate Manufacturing Cycle efficiency. Manufacturing Cycle efficiency is equal value-added time over throughput time. Non-value added time calculation we will subtract the Manufacturing Cycle efficiency answer 25% from 100%. We get 75% Non-value added time. Reference: https://en.wikipedia.org/wiki/Throughput https://www.mheducation.com/highered/product/managerial-accounting-garrison-noreen/M1260153134.html #Accounting #Throughput #Manufacturing Cycle efficiency #time
Views: 731 Accountingplus
Just in Time by Toyota: The Smartest Production System in The World
 
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Whenever you buy a complex piece of equipment such as a TV or a car, do you ever wonder: how exactly did they put this all together? This video analyzes Toyota's Just in Time production system. Well, ever since the industrial revolution, that “how” has been a vital question for many businesses. Today, we’re going to look at how in post-war Japan, Toyota helped to create one of the smartest production systems that we have, named “Just In Time”. We’ll look at how it works and how you can apply the philosophy and practises to many other areas of business too. After World War 2, Japan faced some difficult problems; they didn’t have a lot of cash, resources were scarce, and there wasn’t a lot of free land to expand factories. However, Taiichi Ohno at Toyota managed to turn these problems into advantages by slowly creating the Just In Time system. The idea didn’t all come at once, it’s more that through the 50s and 60s, various changes were implemented and improved until the 70s were the wider world began to realise the benefits and start to adopt a similar approach. So, what is Just In Time? Watch the video to learn more. -----------------Support the channel: Support this channel: https://www.patreon.com/alexberman SUBSCRIBE for more videos like this: http://youtube.com/alxberman?sub_confirmation=1 Check out our Digital Agency Marketing Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219?mt=2&ls=1 Need lead generation or marketing support for your agency? Check out http://experiment27.com . /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: https://experiment27.lpages.co/discovery-call-structure-and-questions/ Free Sales Courses: https://experiment27.teachable.com/ __ /// MORE FROM ALEX Subscribe for more videos: http://youtube.com/alxberman The Alex Berman Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219 __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Book a one on one with Alex: http://experiment27.com/consult __ /// BUSINESS INQUIRIES: For sponsorships you can reach me at: [email protected] __ /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: http://bit.ly/2vqZCyK Get the proposal template you can use to sell 5 and 6 figure deals: http://bit.ly/2NqiPJw Free Sales Courses: https://experiment27.teachable.com/ __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Work one-on-one with Alex: http://experiment27.com/consulting __ /// SHIRTS & HOODIES http://wohello.com __ /// MORE FROM ALEX Subscribe for more content like this: https://www.youtube.com/user/alxberman?sub_confirmation=1 The Alex Berman Podcast: iTunes: https://itunes.apple.com/us/podcast/the-alex-berman-podcast/id1200614219?mt=2 Spotify: https://open.spotify.com/show/6fnAZkjzRhtPYvsZkcMmjK?si=7gwE0NuPSqSMFpGM9MskGg __ /// BUSINESS INQUIRIES: For sponsorships you can reach us at: [email protected]
Views: 48999 Alex Berman
What is VALUE NETWORK ANALYSIS? What does VALUE NETWORK ANALYSIS mean?
 
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What is VALUE NETWORK ANALYSIS? What does VALUE NETWORK ANALYSIS mean? VALUE NETWORK ANALYSIS meaning - VALUE NETWORK ANALYSIS definition - VALUE NETWORK ANALYSIS explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Value network analysis is a methodology for understanding, using, visualizing, optimizing internal and external value networks and complex economic ecosystems. The methods include visualizing sets of relationships from a dynamic whole systems perspective. Robust network analysis approaches are used for understanding value conversion of financial and non-financial assets, such as intellectual capital, into other forms of value. The value conversion question is critical in both social exchange theory that considers the cost/benefit returns of informal exchanges and more classical views of exchange value where there is concern with conversion of value into financial value or price. Value network analysis offers a taxonomy for non-financial business reporting, which is becoming increasingly important in SEC Filings. In some approaches taxonomies are supported by Extensible Business Reporting Language XBRL. Venture capitalists and investors are concerned with the capability of a firm to create value in future. Financial statements are limited to current and past financial indicators and valuations of capital assets. In contrast, value network analysis is one approach to assessing current and future capability for value creation and to describe and analyze a business model. Advocates of VNA claim that strong value-creating relationships support successful business endeavors at the operational, tactical, and strategic levels. A value network perspective, in this context would encompass both internal and external value networks — loose yet complex configurations of roles within industries, businesses, business units or functions and teams within organizations that engage in mutually beneficial relationships. Tools used in the past to analyze business value creation, such as the value chain and value added, are linear and mechanistic approaches based on a process perspective. These approaches are considered inadequate to address this new level of business complexity where value creating activities occur in complex, interdependent and dynamic relationships between multiple sets of actors. Other claims for value network analysis are that it is an essential skill for a successful enterprise dependent on knowledge exchanges and collaborative relationships, which are seen as critical in almost every industry. that this type of analysis helps individuals and work groups better manage their interactions and address operational issues, such as balancing workflows or improving communication. that the approach also scales up to the business level to help forge stronger value-creating linkages with strategic partners and improve stakeholder relationships. that it also connects with other modeling tools such as Lean Manufacturing, Six Sigma, workflow tools, business process reengineering, business process management, social network analysis tools and system dynamics. Value network analysis addresses both financial and non-financial value. Every business relationship includes contractual or mandated activities between participants — and also informal exchanges of knowledge, favors, and benefits. The analysis begins with a visual map or diagram that first shows the essential contractual, tangible revenue- or funding-related business transactions and exchanges that occur between each node of the networks. Nodes represent real people, typically individuals, groups of individuals such as a business unit or aggregates of groups such as a type of business in an industry network. During analysis when adopting a reflective, double loop or generative learning mode, it is beneficial to regard nodes as role plays (shortened to roles). Practitioners have found {2} that conversation between participants about role plays within a larger whole invariably results in transforming individual behaviour and gaining commitment to implementing needed change....
Views: 976 The Audiopedia
Difference between Process and Activity
 
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Process mapping is first step to any initiative on Business Process Management (BPM), Process Excellence, Operational Excellence, Process Re-engineering, Quality Improvement and Lean Six Sigma. By being Certified as Business Process Mapping Associate, you will be able to map any business process, define company-wide process landscape, identify opportunities for process improvement, understand the complete life cycle of process mapping, learn difference between process, work, activity, function, understand what is value added activity. You will also learn how to map any process using only four symbols. A detailed walk through of real life case study will ensure you to get in-depth knowledge of process mapping and apply in your real business scenarios.
Views: 547 LateralSkills
How to run Value Chain Analysis in 2018 - 3 Practical Studies
 
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How to run Value Chain Analysis in 2018 - 3 Practical Case Studies A presentation on how to run a VCA in light of digital economy re-writing business models The ongoing digital economy has transformed the traditional business models of companies in various sectors with retail, telecom, media, value based healthcare, hospitality and services industry being the prominent ones. Further, unlike the traditional business models where it is comparatively easier to identify the value creating activities which are contributing to the profits of a company, it is highly challenging in digital companies to identify where value is created and how to measure that value. As a result, how to tax the digital economy has become a hotly contested topic among countries today. Thus, in this age of digitization, it has become of utmost importance for companies to understand how to conduct a value chain analysis which is streamlined for digital businesses. This is of increasing relevance as the classical qualitative methods to conduct a value chain analysis such as a Porter’s type of analyses are redundant for the digital businesses as they do not have standard business processes such as manufacturing, research and development, sales, marketing etc. For example, the e-commerce companies such as Alibaba, Amazon, ASOS, Airbnb, Spotify etc. have completely different value creating factors from those of the traditional players operating in these industries. Thus, the webinar will identify and analyze the differences between the value chain of traditional businesses and digitized businesses to understand the factors/processes which add the element of profitability to the digital businesses. The webinar will: 1. Identify and differentiate between the value chains of traditional and digitized businesses of the following industries: - RetailT - Telecom - Media - Value based healthcare - Hospitality - Services 2. Analyze the techniques used for conducting a value chain analysis. - In general, a the benefits of undertaking a value chain analysis beyond compliance related benefits, for example, controversy management. Speakers - Avisha Sood, Senior Associate, TPA Global, The Netherlands - Anusha Pande, Associate, TPA Global, The Netherlands
Views: 150 MyTPAGlobal
Value Analysis course: performing functional analysis - Procurement training - Purchasing skills
 
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http://www.procurement-academy.com The e-learning topics, for buyers, covered in our procurement academy online training: tender, negotiation, finance, total cost of ownership -- TCO, RFP, RFI, RFT, category management, contract writing, strategic sourcing, tender documents, supplier development, cost calculation, European procurement, cost estimation, legal terms, supplier performance management -- KPI, contract management, value analysis, cost breakdown, incoterms, development of specifications, how to write an RFP, procurement assessment, procurement certificate. More info? [email protected]
Views: 4991 procurementacademy
Takt Time, Cycle Time, Lead Time
 
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Learn about Takt Time, Cycle Time, and Lead Time- what they are and when they apply.
Views: 272210 OpsExcellence
Value analysis in a nutshell
 
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What exactly is Value Analysis? What are the core elements of this methodology? And why has this approach been so successful for 70 years? How do you proceed within such a value analysis project? What are the tasks of a Professional in Value Management (PVM)? This short explanatory video gives a first overview of the topic using the example of a construction project. The methodology Value Analysis is an organized and creative approach that applies a function- and cost-oriented design process with the aim of increasing the value of the value analysis object. It is characterized by: • Functional orientation (basic idea: The customer does not want the object but its function / effect) • Value concept (How can I increase the value of an object? How can I realize functions at the best price?) • Holistic approach (integration of all stakeholders) • Interdisciplinary teamwork (integration of employees from product development, production, sales, purchasing ...) with space for creativity • Structured, step-by-step approach (according to the value analysis work plan described in the guideline VDI 2800) and • Application neutrality, which means that the methodology can be used independently of the industry, from the phase of the project (from the concept phase to the existing product) and from the considered object (product, process, service). How these core elements, responsible for the success of the methodology, are working together, is shown vividly. In 1947 Value Analysis has been developed in the USA by Lawrence D. Miles. The Technical Division Value Management / Value Analysis at the VDI has been the leading organization for the application, support and further development Value Analysis / Value Management in the German-speaking world since 1967. It also plays a leading role in the international community. Links: Technical Division Value Management/Value Analysis http://www.vdi.eu/engineering/vdi-societies/product-and-process-design/product-and-process-design/value-managementvalue-analysis/
Value analysis - English Version
 
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Do you spend your time wisely on valuable things? Do you want to increase your businese value? The secret of adding value to your job is to manage your working time effectively. Value analysis can help us identify which works have to be done first./more valuable In this short video clip, we will apply value analysis to Express Delivery and take three examples, including calling B2C customers before deliverying their packages, charging disbursement fee, and failing to deliver the package right first time, hope to make everyone know more about value analysis. We put efforts on value adding works, value enabling works, and waste in our daily life. Let’s take a closer look at these 3 types of work. 1. Valua adding: Value-added work can increase the value of service or products. In addition, customers are willing to pay for those value-added work, such as delivering parcels right first time. So, we should put most efforts on this type of work. 2. Value enabling: Value enabling work doesn’t add value to the product’s or service value. However, it is required to sustain busisness under certain condition . We call this type of work “value enabling”, such as administrative affairs. 3.Waste: Activities don’t increase service value. There are 7 kinds of waste.(transportation, inventories, motion, waiting, over-production, over-processing and Defects/Rework) For example, if we fail to deliver the package first time, we should do it again and correct the defect. This is called “rework”. 3 steps to help you manage your time at work effectively by Value analysis Firstly, sort your daily works into 3 groups, including value adding, value enabling and waste. Secondly, do value enabling works efficiently and eliminate waste. Thirdly, maximize value-added works in your job. Take good advantage of value analysis and put your efforts on value adding works. You will be seen and become a valuable person!
Views: 735 Arno Chang
Mobile Value-added Services (VAS) in 4G: Market Analysis and Forecasts for LTE-based VAS 2013 - 2018
 
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Market Research Reports, Inc. has announced the addition of "Mobile Value-added Services (VAS) in 4G: Market Analysis and Forecasts for LTE-based VAS 2013 - 2018" research report to their offering. For more information visit: http://www.marketresearchreports.com/mind-commerce/mobile-value-added-services-vas-4g-market-analysis-and-forecasts-lte-based-vas-2013
Global M2M Value-Added Services (VAS) Market Overview | Forecast & Analysis Outlook -2021
 
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Cellular M2M VAS is defined as the cellular value-added connectivity process within distinct SIM-enabled machines to offer connectivity over multiple wireless networks such as 2G, 3G, and 4G/LTE, or Wi-Fi and WiMAX. Avail Free Sample Brochure of report @ http://bit.ly/2qrQNVE Read analysis @ http://bit.ly/2qswR5D
Views: 7 Rizwan Market
Value Added Analysis
 
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...adiós al cronómetro. BIENVENIDO A TIMER PRO PROFESSIONAL y a la realidad aumentada (AR) Timer Pro es la solución completa de medición basada en video para aquellos que se involucran en iniciativas de Mejora Continua, Lean Manufacturing, Ingeniería de fabricación y de servicios, Ergonomía, Capacitación de los operarios, Six Sigma, Kaizen, SMED, A3, 5S, TPM, TQM, SMED, Kanban, Business Intelligence, Gestión Visual y la Realidad Aumentada. www.solucionessa3.com HERRAMIENTAS LEAN: Análisis del Valor Añadido "CLASIFIQUE A CADA TAREA CON VALOR AÑADIDO, SIN VALOR AÑADIDO Y SIN VALOR AÑADIDO REQUERIDO" "Clasifique a cada una de las actividades del estudio de métodos y tiempos bajo la metodología lean como valor añadido, sin valor añadido y sin valor añadido requerido. También califique a cada actividad como demora evitable y demora inevitable" "Visualice en una gráfico circular el porcentaje de participación de la suma de cada uno de los tiempos de las tareas con valor añadido sin valor añadido y sin valor añadido requerido sobre el valor del tiempo total del estudio" "En un gráfico Yamazumi visualice por medio de un color diferente que tareas son valor añadido, sin valor añadido y sin valor añadido requerido" "Genere reportes en Excel para ser distribuidos a su personal con el diagrama Yamazumi con clasificación colores por cada actividad"
Views: 23 Marcelo Carrera
A 4-Step Process for Selling to Hospital Value Analysis Committees
 
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In this video, Martin Gold discusses a 4-step process for selling medical technology to hospital Value Analysis Committees (VACs). In addition, Martin discusses and explains the five categories of value propositions he uses to develop value propositioning messaging for VACs and other hospital stakeholders.
Value-Added Analysis with MAP for use in New York's APPR - Video 2
 
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Video 2: Frequently Asked Questions
Views: 168 Education Analytics
Introduction to Lean Six Sigma Methodology
 
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LEAN SIX SIGMA is a management concept used to effectively improve business processes based on the combination of the different tools & principles of Lean and Six Sigma. Organizations face rising costs and increasing competition every day. Those ones that implement Lean Six Sigma correctly, achieve significant benefits that contribute to competitive advantage and to changing the culture in an organization from reactive problem solving to proactive problem prevention. Specifically, the proven benefits are diverse. First, Lean Six Sigma achieves faster processes by removing all forms of non-value added work according to the seven types of waste. Secondly, Lean Six Sigma aims to realize higher quality in terms of process stability and capability through the reduction of variation and the elimination of defects. Since the methodology involves a strong focus on customer needs and requirements, another significant benefit of using the tools and concepts of Lean Six Sigma is an increase in customer satisfaction. But the primary desired benefit of all process improvement activities within the scope of Lean Six Sigma is a reduction in costs. By achieving streamlined processes that are completed faster and more efficiently, less resources are required, resulting in decreased costs. In addition, less variation and defects lead to less cost of poor quality. Cost of poor quality includes costs that arise due to the gap between the desired and actual product or service quality. On the other hand, Lean Six Sigma increases revenue by enabling an organization to do more with less. Finally, a major benefit of Lean Six Sigma is an increase in employee engagement and effectiveness. Lean Six Sigma not only reduces costs and increases revenue, it positively affects people by engaging them in improving the way they work. By involving employees in Lean Six Sigma projects, they gain a greater appreciation for the impact of the work they do on bottom-line business results, as well as an appreciation for how the work of other employees and departments also contribute to success. And once employees get comfortable with Lean Six Sigma skills learned through trainings or projects, they can proactively continue to improve their business processes based on a well-established methodology. Like us on Facebook: https://www.facebook.com/KyoceraEu/ Connect with us on LinkedIn: https://www.linkedin.com/company/kyocera-document-solutions-europe-b-v-/ Follow us on Twitter: https://twitter.com/kyocera_eu More about KYOCERA Document Solutions Europe: https://www.kyoceradocumentsolutions.eu/
Value Chain Analysis - Strategic Management - Detailed Explanation of VCA in hindi
 
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Watch the video till the end and do not forget to Subscribe our channel for more such videos. Share this channel with your friends in need. To Buy Strategic Management Notes- (For old course) Contact (Whatsapp) our team at - 9675107193 Follow us on all Social Media- Facebook - https://www.facebook.com/imshivatayal Twitter - https://www.twitter.com/imshivatayal Instagram- https://www.instagram.com/imshivatayal Google+ - https://plus.google.com/+ShivaTayal Subscribe us on Youtube- https://www.youtube.com/shivatayal
Views: 25563 Shiva Tayal
Value-adding Technologies Program
 
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This program aims to support rural development by practicing sustainable agriculture, forestry and fisheries in harmony with the environment in the Asian region where development needs have increased as economies have grown. Toward this end, the various uses of regional resources will be identified and technologies that create high value-added products will be developed. The achievements of the program will contribute to the Japanese government’s “Global Food Value Chain Strategy” as well as increase the incomes of farmers in developing regions. To meet the objectives of the program, the following research studies will be implemented: To ensure high quality products and stable food value chains, food processing and evaluation methods will be developed. In addition, a customer needs analysis will be performed and ways to improve the distribution system will be proposed to further increase the added value of the products. In order to establish a highly sustainable agriculture, forestry and fisheries that integrate resource recycling, advanced biomass conversion technologies utilizing agricultural wastes and unused biomass will be developed to produce biofuels and biomaterials. Furthermore, technology management solutions, utilizing various regional resources for producing high value-added products in hilly and mountainous rural areas, will be developed. In harmony with the ecosystem, forest resource conservation will be practiced and forest productivity will be improved to provide high value-added timber products. Moreover, efficient farming technologies in aquaculture will be developed to achieve sustainable use of fisheries resources. Efforts will be taken to actively promote and use the resources available through the international research network, thus accelerating systematization, technology transfer, and cooperation between Japan and local private companies. In addition, technology exhibits will be held, technical manuals will be published and disseminated to farmers, and information will be made accessible to facilitate technology transfer activities to people engaged in processing and to the distribution sectors in the region. https://www.jircas.go.jp/en/program/program_c
Views: 229 JIRCAS channel
7. Value At Risk (VAR) Models
 
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MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013 View the complete course: http://ocw.mit.edu/18-S096F13 Instructor: Kenneth Abbott This is an applications lecture on Value At Risk (VAR) models, and how financial institutions manage market risk. License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
Views: 175901 MIT OpenCourseWare
Porters Value Chain
 
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App For Downloading Models And Watching Movies AppStore (iPhone/iPad): https://itunes.apple.com/dk/app/forklar-mig-lige/id1034714497?mt=8 GooglePlay (Andriod): https://play.google.com/store/apps/details?id=dk.forklarmiglige.forklarmiglige&hl=da The value chain was introduced by Michael S. Porter in 1985 in the book “Competitive Advantage". "Value chain" is used to analyze the flow of value-adding activities from the raw material supplier to the end customer. The model looks at what value each link adds the company and thereby uncovers the company's competitiveness. More on www.flixabout.com
Views: 44021 flixabout.com
Introduction to Value Add analysis from GL Education and the Fischer Family Trust
 
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This webinar is aimed at those schools that have provided their (I)GCSE and CAT4 data to support GL Education’s pilot project to produce a measure of value added for our schools. Senior Publisher Hilary Fine will take users through the analysis and data dashboard we are working with the Fischer Family Trust to provide to those schools taking part in the study, as well as gathering feedback and answering questions about the project.
Views: 59 GL Education
Thermodynamics, PV Diagrams, Internal Energy, Heat, Work, Isothermal, Adiabatic, Isobaric, Physics
 
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This physics video tutorial explains the concept of the first law of thermodynamics. It shows you how to solve problems associated with PV diagrams, internal energy, heat, and work. It addition, it provides plenty of examples and practice problems associated with isothermal, isochoric or isovolumetric, isobaric, and adiabatic processes. Here is a list of topics: 1. First Law of Thermodynamics - Energy Transfer 2. Internal Energy, Heat, and Mechanical Work 3. System vs Surroundings 4. Sign Conventions for Q, Heat Absorbed vs Heat Energy Released 5. Work done on the system vs work done by the system 6. Positive Work - Gas Expansion vs Negative Work - Compression 7. Open System, Closed System and Isolated System 8. Isobaric Process - Constant Pressure 9. Work Done at Constant Pressure Formula / Equation 10. Units of Pressure - Converting atm to Pa 11. Units of Volume - m^3 and L conversion 12. Converting L and atm into Joules 13. PV Diagrams - Work Done = Area Under the Curve or Area of the Shaded Region 14. Cyclic Process, Q=W, Work is Positive for Clockwise Rotation and Negative for Counter Clockwise Direction 15. Ideal Gas Law, PV=nRT 16. Charles Law - Temperature and Volume Relationship 17. Converting Celsius to Kelvin Temperature 18. Heat Transferred During Isobaric Process Formula 19. Isochoric Process - Work Done is Zero 20. Isovolumetric Process - Constant Volume, Internal Energy, and Heat Transferred Equation 21. Thermodynamics Formula Sheet Summary 22. Molar Heat Capacity at Constant Pressure and Constant Volume 23. Monatomic Gases - He, Ne, and Ar - Helium, Neon, and Argon 24. Diatomic Gases - N2, O2, and H2 25. Cv and Cp values for ideal monatomic, diatomic and polyatomic gases 26. Gamma Ratio, Cp/Cv formula 27. Isochoric Process - Pressure and Temperature Formula 28. Combined Gas Law Equation 29. Isothermal Process - Constant Temperature 30. Work Done During an Isothermal Process - Natural Logarithms Derivation - Area under Curve 31. Boyle's Law - Pressure and Volume Relationship 32. Adiabatic Process - No Heat Transferred - Q=0 33. Adiabatic Expansion - Cooling Effect of an Ideal Gas 34. Adiabatic Compression - Increase in Temperature - No spark plugs needed in an internal combustion engine of this type 35. Work, Pressure, Volume and integration Formula, Calculus - Isothermal Process 36. Pressure and Volume Formula With Gamma Ratio 37. Temperature and Volume Equation With Gamma Ratio - Adiabatic Process 38. Internal Energy - State Function - Independent of Path 39. Work and Heat - Not a State Function, Path Dependent 40. PV diagram problems, work, heat, and internal energy calculations
बिना खर्चा किये Brand Viral कैसे करें | Must Watch 5 Tips By Dr Vivek Bindra |
 
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In this Video, Dr. Vivek Bindra reveals the secret of Brand Equity, Brand Positioning and its significance. He states the importance of brand significance and brand preference. He poignantly outlines the difference in brand equity of 2 iconic leaders in this country namely, Rahul Randhi and Narendra Modi. He highlights how both leaders have their cult status and how regional branding also plays a pivotal role in elections. He compares the brand positioning of 2 leading soft drink giants in India, namely Coke and Thums Up and points out the difference in their brand positioning. He also clarifies his branding and positioning status in the market. Watch this iconic video in full to know more. To Attend a 4 hour Power Packed “Extreme Motivation & Peak Performance” Seminar of BOUNCE BACK SERIES, Call at +919310144443 or Visit https://bouncebackseries.com/ To attend upcoming LEADERSHIP FUNNEL PROGRAM, Call at +919810544443 or Visit https://vivekbindra.com/upcoming-programs/leadership-funnel-by-vivek-bindra.php Watch the Leadership funnel Program Testimonial Video, here at https://youtu.be/xNUysc5b0uI Follow our Official Facebook Page at https://facebook.com/DailyMotivationByVivekBindra/ and get updates of recent happenings, events, seminars, blog articles and daily motivation.
What is a Value Analysis Professional?
 
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Did you know that a Value Analysis Professional helps patients by using evidence-based decision making? Learn more about one of our favorite patients, Ava and her Value Analysis Professional, Laurie....
Views: 1774 AHVAP Team
Parallel and Series Resistor Circuit Analysis Worked Example using Ohm's Law Reduction | Doc Physics
 
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This procedure is tedious, but it requires very little fancy math and it's conceptually beautiful. You ought to be able to look at the finished product and explain WHY the values of voltage drops and currents for each resistor and combination of resistors have the relationships they do. Yay! You can now simplify any circuit with just one battery and a bunch of resistors...or can you? Those in the know call this finding the Thevenin Equivalent circuit, 'cause the method was proven by Thevenin long ago. Want more? This is part of a larger playlist on circuits: https://www.youtube.com/playlist?list=PLLUpvzaZLf3IM2wmkH0TcDRzkN3joR5Af I have actually made a bunch of physics videos. Feel free to find my other playlists if you're lonely on a Saturday night. Or if you just want to know stuff so you can begin your takeover.
Views: 1269291 Doc Schuster
Restaur-A-tion Process - Restaurant Productivity - 4C Consulting Group
 
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We do for the Foodservice Industry what Toyota did for the Automobile Industry: - Reduce non-value added activity and waste - Reduce process costs (labor, time, & space) - Improve product quality and reliability - Improve speed and flexibility - Set the baseline for continuous improvement www.4CConsultingGroup.com
City of Boca Raton, FL: Optimize Business Processes Organization-Wide with Lean + Laserfiche ECM
 
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The City of Boca Raton has been able to overcome this problem by developing a business process analysis group to optimize processes and combat resource challenges using the Lean methodology and Laserfiche. Learn about the model the City uses for business process analysis and how it has transformed the accounts payable process. Ed Rolon, IT Manager at City of Boca Raton, discusses: - How to implement a proven process to help you fundamentally rethink what you do and how you do it. - Ways to dissect and eliminate non-value added activities in business processes. - An approach to automating the accounts payable process.
Views: 82 Laserfiche
Lean Six Sigma has to start from Voice of Customer: VOC 【Excel Template: VOC Matrix Diagram】
 
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Lean Six Sigma has to start from Voice of Customer: VOC. Six Sigma is considered to be part of the engineering field, but VOC, Voice of Customer - usually considered to be part of the sales field - is the very first starting point before anything else in Lean Six Sigma projects. That's the reason why Lean Six Sigma is growing world-wide. In this video, we practice the VOC Matrix Diagram tool that you can use to collect and analyze your VOC's on an Excel template. You can download the VOC Matrix Diagram Excel template by clicking the link below in this description. With this analysis, you can find which is the most important VOC. In Lean Six Sigma, we call it "Vital Few". Please let me know your feedback for that template. Lastly, you can learn the Value-added/Non-Value-added analysis that helps you find operations that don't create any value for your customers. (Process Improvement Methodology for Service Operations, PMP, Project Management, Lean Six Sigma Japan: Episode 5) << Download the VOC Matrix Diagram Template >> http://econoshift.com/wp-content/uploads/2015/06/VOC-Matrix-Diagram-v2.xlsx <<Read this video's transcript in my blog.>> http://econoshift.com/en/voc-matrix-diagram-template-2/ << Related Videos >> The 7 Wastes and the PDCA Cycle: Essence of Toyota's KAIZEN (Continuous Improvement) https://youtu.be/XKnZD6wAZIY How to utilize VOC 120% using a CTQ Tree 【Excel Template】 https://youtu.be/cSER8ycZJMg << About this Channel >> "Learn world-class Kaizen and improve your work and yourself." This channel is for people who love their jobs, and want to improve their work and themselves. << SUBSCRIBE: (Click the link below.) >> http://www.youtube.com/subscription_center?add_user=UC40p9DIj6R1noH4-mx88oyg << Video Upload Schedule >> A new video is uploaded bi-weekly at 7:30 am EST, Sundays. Please subscribe and share the journey together. << Let's Connect! >> Mike Negami's Blog Site: http://econoshift.com/en/ Free Excel Template Downloads: http://econoshift.com/ja/free-downloads/ Facebook Page: https://www.facebook.com/Econoshift/
Views: 2572 econoshift.com
NASA Engineering & Safety Center
 
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Teaser for our upcoming program on NASA's Engineering & Safety Center. Their mission is to perform value-added independent testing, analysis, and assessments of NASA's high-risk projects to ensure safety and mission success.
Views: 639 NASA X

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