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.

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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The Standard Value Stream Concept Is Outdated—Here’s an Improved Definition
The Standard Value Stream Concept Is Outdated—Here’s an Improved Definition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.

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

(Source: Warren Buffett)