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More value from fewer resources: how to expand value stream mapping with ideas from circular economy

More value from fewer resources: how to expand value stream mapping with ideas from circular economy The purpose of this paper is to discuss recent trends in the circular economy and investigate how value stream mapping (VSM) can be extended to more fully include some of the critical aspects of circular economy.Design/methodology/approachThe findings are based on previous research that has explored the usage of VSM to include aspects of the environment and sustainability aspects. These ideas are then expanded to new ways to use VSM by mapping value of a product as it is; used, maintained, re-used, remanufactured, recycled, incinerated or used for landfill. The authors test out this approach through application in the waste management sector to identify possibilities for improvement and new business opportunities in what now is considered waste.FindingsThis paper introduces an expanded version of VSM that refines the existing Lean toolbox for exploring value and mapping value in a circular economy.Practical implicationsThe aim of this paper is to expand the relevance and practical value of VSM as the world economy increasingly moves toward a circular one.Originality/valueToday, VSM is a widespread method within Lean manufacturing that scrutinizes value creation within an organization or within a value chain. This paper describes how VSM can be refined to explore value streams in the afterlife of a product and explore waste as a resource utilization opportunity. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Quality and Service Sciences Emerald Publishing

More value from fewer resources: how to expand value stream mapping with ideas from circular economy

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References (31)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1756-669X
DOI
10.1108/ijqss-05-2019-0070
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to discuss recent trends in the circular economy and investigate how value stream mapping (VSM) can be extended to more fully include some of the critical aspects of circular economy.Design/methodology/approachThe findings are based on previous research that has explored the usage of VSM to include aspects of the environment and sustainability aspects. These ideas are then expanded to new ways to use VSM by mapping value of a product as it is; used, maintained, re-used, remanufactured, recycled, incinerated or used for landfill. The authors test out this approach through application in the waste management sector to identify possibilities for improvement and new business opportunities in what now is considered waste.FindingsThis paper introduces an expanded version of VSM that refines the existing Lean toolbox for exploring value and mapping value in a circular economy.Practical implicationsThe aim of this paper is to expand the relevance and practical value of VSM as the world economy increasingly moves toward a circular one.Originality/valueToday, VSM is a widespread method within Lean manufacturing that scrutinizes value creation within an organization or within a value chain. This paper describes how VSM can be refined to explore value streams in the afterlife of a product and explore waste as a resource utilization opportunity.

Journal

International Journal of Quality and Service SciencesEmerald Publishing

Published: Dec 15, 2020

Keywords: Lean; Value analysis; Reverse logistics; Sustainable supply chain management

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