S2 VALUE FLOW DIAGRAM
DOI link for S2 VALUE FLOW DIAGRAM
S2 VALUE FLOW DIAGRAM book
The Value Flow Diagram (VFD) is based on the Flow Diagram and depicts the manufacturing of a product through processes and flows. Each flow on a diagram, including the product flow, carries a monetary value. The value can be read out from the diagram at any stage in production. This means that the value flows in a company are matched graphically with the production flow. The value added can be followed step-by-step along the chain of production processes, and the origin of the costs is immediately visualized. This makes the VFD a graphical value analysis tool.