It is also referred as the Lean Five.
- Identify value
- Identify the customer and understand how the customer perceives the product or service
- Map the value stream
- Visualize the flow of start to end process
- Helps to locate wastes in the process
- Create flow
- Minimize the frequency of stop and start – avoid interruptions
- Enable pull
- Products are not rendered till an order is placed by the customer
- Seek perfection
- Complete elimination of waste and avoid interruptions
- Implementation of pull system
- Ensure that all activities bring value
