How does "Value Stream Mapping" assist in process improvement, and what is a key focus of this tool?
a) Value Stream Mapping helps to identify and analyze financial performance. A key focus is cost reduction.
b) Value Stream Mapping assists in visualizing the flow of materials and information. A key focus is identifying waste and inefficiencies to enhance process flow.
c) Value Stream Mapping is used to manage supplier performance. A key focus is improving supplier relationships.
d) Value Stream Mapping focuses on setting production schedules. A key focus is aligning production with demand forecasts.