Cornerstone Consulting Organization

Author name: CCO Consulting

Value Stream Mapping for Supply Chain and Operations Consulting – CCO Blog Banner
Inventory Management

Importance of Value Stream Mapping

Value stream mapping is a tool that can be useful to improve the collaborative process. Teams and individuals may have to work together across broad geographic areas, managing and overcoming distance, communication tools, time zones, and language barriers. Value stream mapping can help with this.

80/20 Principle business improvement with operational excellence consulting
Consultant

The 80/20 Principle: Focusing on What Matters

Italian philosopher and economist, Vilfredo Federico Damaso Pareto, developed what has become known as the 80/20 principle, or the Pareto principle. After observing that 20% of the pea plants in his garden produced 80% of the healthy pods, Pareto turned his attention to wealth distribution and found that just 20% of the population owned 80% … Continued

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