Value stream

A value stream is all of the actions, both value-creating and nonvalue-creating, required to bring a product from concept to launch and from order to delivery. These actions include processing information from the customer and transforming the product on its way to the customer.

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Specification

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Kind	methodology

Study notes

Two value streams are described: the development value stream (concept to launch) and the operational value stream (order to delivery).
A value stream includes both value-creating and nonvalue-creating actions.
Actions in a value stream include processing information from the customer.
Actions in a value stream include transforming the product on its way to the customer.