CHAPTER 7

Value Stream Mapping

To push back the physical limitations or to convert them into opportunities requires first that management understand what system of production its operations require and what the principles of that system are; and second that it apply these principles consistently and thoroughly. Production is not the application of tools to materials. It is the application of logic to work. The more clearly, the more consistently, the more rationally the right logic is applied, the less of a limitation and the more of an opportunity production becomes.

Drucker (1954, p. 96)

In the quotation above, Drucker points out that the role of the manager is to ensure that work is organized in a logical manner. In order to logically organize ...

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