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From Data to Decision: Analyzing Value-Stream Metrics (1 Day Class)

Description:

Mapping out the value stream is an effective first step in hunting down process waste and inefficiency – but the numbers behind the scenes matter, too. Completing the journey from value-stream map to a set of effective countermeasures requires the collection and analysis of data for key metrics across the value stream, which ultimately can paint a detailed picture of the process and offer clues to improvement. In this session, attendees dive into the fictional world of “Pete’s Pizza” restaurant, assuming the role of a consultant tasked with turning the shop around and answering two crucial questions: 1) When do I need data? and 2) How much data do I need?

In this full-day workshop, attendees will: 

  • Map out the value stream of the production and delivery process at Pete’s Pizza
  • Draw on survey data to identify key metrics across the value stream, including lead time, quality and cost
  • Analyze and interpret the data to develop a formal problem statement
  • Develop a set of recommendations for the client based on the data analysis

By taking this workshop, participants will be able to:

  • Identify key value stream metrics and effectively connect them to the broader mapping process
  • Develop a stronger understanding of data collection and descriptive statistics
  • Leverage data to develop business processes that better connect to the voice of the customer

This session is recommended for beginner- to intermediate-level value-stream mappers seeking to develop a better understanding of the role of data collection in the process. Excel-based activities include building pivot tables, designing graphs of key processes and creating descriptive statistics. 

This session is being offered in partnership with the Center for Operational Excellence, The Ohio State University. 

Instructor:
Locations and Dates for From Data to Decision: Analyzing Value-Stream Metrics
October 26
The Fawcett Event Center
Columbus, OH
Instructor: Peg Pennington
Important Information About This Event & Location

We encourage you to make hotel accommodations early.


Price: $800.00 ($700.00 if the participant is taking 2 or more workshops at one location)
Price includes all participant materials, breakfast, lunch and snacks each day

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Our workshops are designed to cater to a limited number of participants.  If you must cancel a workshop registration, you will be given a full refund up to four weeks before the workshop.  A cancelation occuring within four weeks of the workshop will be subjected to a $350 cancelation fee, with the exception of the Herman Miller tours which with incur a cancelation fee of 50% of total paid.  LEI will not be held personally responsible for any incidental cost incurred (hotel, airfare, change fee, etc).  To cancel a workshop or tour registration, please call LEI at (617) 871-2900.