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Managing Value Stream Risk
Technical Paper
2006-01-2389
ISSN: 0148-7191, e-ISSN: 2688-3627
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English
Abstract
A typical risk assessment or audit used in industry today will look at a single organizations risk in an isolated business system dimension, such as the management system, product, or process deployed at a specific company. Risk must be found in both material and information flows and quantified in order to enable effective management decisions. Value Stream Risk Assessment™ (VSRA™) is a tool to identify, quantify, prioritize, and intelligently mitigate risk wherever it resides in a the Value Stream. VSRA™ has been developed to compliment Lean and Six Sigma techniques and enhances the quality audit process to provide more value to the organization.
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Authors
Citation
Nowosielski, R., "Managing Value Stream Risk," SAE Technical Paper 2006-01-2389, 2006, https://doi.org/10.4271/2006-01-2389.Also In
References
- Jones Daniel Womack James 1996 Lean Thinking Simon & Schuster
- Dreikorn Michael 2004 The Synergy of One ASQ Quality Press
- Rother Mike Shook John 2003 Learning to See: Value-Stream Mapping and Elimination of Muda The Lean Enterprise Institute