Integrated value stream mapping and simulation for cash-to-cash cycle time improvement of a machining facility

摘要

This paper aims to improve the cash to cash (C2C) cycle time in a machining facility using integrated values stream mapping (VSM) and discrete event simulation (DES) techniques. C2C has been used as a metric to measure the effectiveness of working capital especially the cash management. This paper illustrated that the integrated VSM and discrete event simulation methodology can be an effective tool for C2C cycle time improvement. The methodology is described through a case study of a machining facility. The results show that through the integrated VSM and discrete event simulation methodology the C2C cycle time could be improved significantly.