Imagine that you are working on an ecommerce website. What are some examples of the components of the value stream?

Remember to provide a brief definition of a value stream as well as its purpose. In addition to a test of your basic lean knowledge, this question presents an opportunity for you to demonstrate your ability to easily and accurately explain complex concepts. The ability to present clearly and effectively is a key skill that any interviewer will look for and appreciate in a senior project manager candidate. Take full advantage of opportunities to exemplify more than one of your skills when questions such as these are asked by your interviewer.

"The value stream of an ecommerce website would show all of the production, ordering, and processing activities of the retailer. The goal of mapping the value stream is to identify opportunities to reduce waste in areas such as errors, inventory losses, and lead time.

The value stream would include components such as the retailer, their customers, the suppliers, the customer orders, the supplier orders, the logistic components such as the customer order shipping and the supplier order shipping, and the order processing."