Specially in Product development, customer is now looking for early visibility in value, greater collaboration, and new mode of business. Disruptive digital technologies have enabled all such possibilities. Map Value Stream: This is a foundational exercise for establishing a Lean Enterprise. In Lean Product Development, Value Stream is defined from the Product development value chain to the process steps with focus of information and knowledge flow with capturing critical variables in terms of cycle time, delays, non-value-added activities, decision points etc. Since most of the process elements are nowadays handled in enterprise systems, Process mining tools are gaining importance in diagnosis of critical variables of Value stream. But overarching view of Value Stream map still holds relevance to capture the entire ecosystem view which is not possible through process or task mining tools as post facto effect
Goldense, Bradford L., "Product Design Awards Increase Company Value," Machine Design, November 2018, Volume 90, Number 11, Page 112, ISSN 0024-9114
Goldense, Bradford L., "Measuring Product Development Productivity," Machine Design, August 2016, Volume 88, Number 8, Page 72, ISSN 0024-9114
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