GB/T 44661-2024 in English

The Value Stream Management (VSM) standard, designated as GB/T 4461-2024 and issued by the Standardization Administration of China, is set to take effect on January 1st, 2025. This new standard aims at providing a comprehensive framework for organizations seeking to optimize their operational efficiency through value stream analysis and management practices. It outlines principles, methodologies, and best practices that will guide enterprises in identifying waste, enhancing flow, and driving continuous improvement across the entire value creation process.

The VSM GB/T 4461-2024 standard is designed to be adaptable for various industries including manufacturing, software development, and service sectors. It emphasizes on leveraging data-driven insights to make informed decisions that lead to sustainable performance improvements. Furthermore, this standard promotes collaboration among cross-functional teams, encouraging a holistic approach to value creation.

Key aspects covered within the VSM framework include mapping current state value streams, identifying opportunities for process improvement, and implementing future-state designs with clear metrics for success. The standard also provides guidelines on how to effectively communicate value stream strategies throughout an organization, fostering a culture of continuous learning and innovation.