TY - GEN
T1 - A Review of Value Stream Mapping (VSM) for Viable Business Process Management Among Agro-Allied Companies During the 4IR
AU - Ajayi, Makinde Oluwafemi
AU - Laseinde, Opeyeolu Timothy
N1 - Publisher Copyright:
© 2024, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2024
Y1 - 2024
N2 - The ever-contending competitive forces in the industrial sector and the peculiarities associated with agro-allied manufacturing not limited to short shelf life, seasonality, and heterogeneity of raw materials have perpetually compelled management experts to deal with issues relating to the product, information, time, and material resource wastage. These factors play a significant role in consumer value maximization and have a lasting impact on the overall operational efficiency of any business. To cater to this concurrent industrial abnormality, Business organizations must be deliberate in adopting viable Business Process Management (BPM) strategies. Previous research provides sufficient data to prove that Value Stream Mapping (VSM) is a veritable lean manufacturing technique to adopt and settle challenges of operational deficiencies attributable to non-value-added activities in the value stream as practiced in other sectors such as engineering, healthcare, supply chain logistics, etc., with a limited focus on the agro-allied companies. The research, therefore, presents a review that further investigates the potentials of business process management among agro-allied firms and the exigency of the fourth industrial revolution (4IR) using value stream mapping. The study findings suggest that the agro-allied industry is still lagging behind its potential. Awareness of the use of VSM to ensure an efficient manufacturing process is extremely low among stakeholders. The study recommends further study on the importance of VSM to ensure agro-allied waste is controlled significantly.
AB - The ever-contending competitive forces in the industrial sector and the peculiarities associated with agro-allied manufacturing not limited to short shelf life, seasonality, and heterogeneity of raw materials have perpetually compelled management experts to deal with issues relating to the product, information, time, and material resource wastage. These factors play a significant role in consumer value maximization and have a lasting impact on the overall operational efficiency of any business. To cater to this concurrent industrial abnormality, Business organizations must be deliberate in adopting viable Business Process Management (BPM) strategies. Previous research provides sufficient data to prove that Value Stream Mapping (VSM) is a veritable lean manufacturing technique to adopt and settle challenges of operational deficiencies attributable to non-value-added activities in the value stream as practiced in other sectors such as engineering, healthcare, supply chain logistics, etc., with a limited focus on the agro-allied companies. The research, therefore, presents a review that further investigates the potentials of business process management among agro-allied firms and the exigency of the fourth industrial revolution (4IR) using value stream mapping. The study findings suggest that the agro-allied industry is still lagging behind its potential. Awareness of the use of VSM to ensure an efficient manufacturing process is extremely low among stakeholders. The study recommends further study on the importance of VSM to ensure agro-allied waste is controlled significantly.
KW - 4IR
KW - Agro-allied Companies
KW - Business Process Management
KW - Industry 4.0
KW - Value Stream Mapping
UR - http://www.scopus.com/inward/record.url?scp=85171576186&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-38241-3_100
DO - 10.1007/978-3-031-38241-3_100
M3 - Conference contribution
AN - SCOPUS:85171576186
SN - 9783031382406
T3 - Lecture Notes in Mechanical Engineering
SP - 919
EP - 928
BT - Flexible Automation and Intelligent Manufacturing
A2 - Silva, Francisco J. G.
A2 - Campilho, Raul D.S.G.
A2 - Pereira, António B.
PB - Springer Science and Business Media Deutschland GmbH
T2 - 32nd International Conference on Flexible Automation and Intelligent Manufacturing, FAIM 2023
Y2 - 18 June 2023 through 22 June 2023
ER -