Value-Added
Definition of Value-Added:
To be a value added action the action must meet all three of the following criteria:
- 1) The customer is willing to pay for this activity.
- It must be done right the first time.
- The action must somehow change the product or service in some manner.
You will need to look for the “7 elements of waste” and when categorizing need to break out your % split into: % True Value Added, % True Non Value Added, and % Necessary Waste (i.e., legal requirement).
If your processes are typical then the %VA will be less than 5%.
« Back to Dictionary IndexiSixSigma Recommends
Interested in assessing your knowledge of Lean Six Sigma? Preparing for certifications? Testing your students and trainees? This test is useful for anyone interested in assessing their knowledge of Lean Six Sigma on the Black Belt level. It can be used in preparation for the ASQ Certified Six Sigma Black Belt (CSSBB) exam or for any number of other certifications, including at private company (GE, Motorola, etc.) certifications.
Training your company has just become easier! With this course you will be able to train anyone in your company on the proper techniques for achieving proper resolution of any type of problem, whether it be a transactional process, manufacturing issue, medical procedure, or personnel issue.
