isixsigma on MSN

Value Stream Map vs. Process Map: What’s the Difference?

Value stream map vs. process map, which is better for you? As with many tools and methods in Six Sigma, there isn’t a ...
Purdue University

Value Stream Mapping: The Search for Adding Value and Eliminating Waste

What Is Value Stream Mapping (VSM)? What is a value stream? A value stream represents the series of actions an organization takes to design, create, and deliver a product or service to its customers, ...
Supply Chain Management Review

Using governance to improve procure-to-pay

The procure-to-pay process is essential to businesses because it encompasses the processes of purchasing goods and services, receiving them and then paying for them so that an organization can in turn ...
Sacramento Bee

What is procure to pay, and how does it work?

Every purchase your company makes follows a journey. It starts when someone needs something and ends when you pay the invoice. This journey, called procure-to-pay or P2P, touches nearly every ...