Product Value Stream

Value Stream

Product Value Stream

You offer a valuable item, and people are able to apply and use the item to experience its value.

Purpose

People purchase food, clothes, vehicles, furniture, and many other things to make their lives convenient and pleasurable. With a product value stream, you offer a valuable item, and people can apply and use it to experience its value. The Product Value Stream distinguishes itself from the other value stream types by the actual handover of a digital or physical object to a customer or user.

Notes

For example, a car, a smartphone, a shirt, etc.

Rules / Constraints

  • We have not yet defined any rules or constraints.

Product Value Stream
Service Value Stream
Event Value Stream
Project Value Stream
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The Standard Value Stream Concept Is Outdated—Here’s an Improved Definition
The Standard Value Stream Concept Is Outdated—Here’s an Improved Definition

A value stream is the set of actions needed to discover or deliver on a job-to-be-done / value proposition from a signal to an experience. A value stream always begins and ends with a user or customer. The goal is to improve the experience by optimizing the whole value stream.

“Price is what you pay. Value is what you get.”

(Source: Warren Buffett)