Which of the following statements is one of the five Lean Thinking principles?

Identifying the Value Stream for each product is one of the five Lean Thinking principles proposed by Womack and Jones in 1996. A value stream is the sequence of activities that deliver value to the customer, from the initial request to the final delivery1. Identifying the value stream for each product helps to eliminate waste, optimize flow, and increase customer satisfaction2.

References:

•The Five Principles of Lean - Project Management Institute

•Value Streams - Scaled Agile Framework