V - Definitions
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V
value driver
A value driver is an activity or capability that adds worth to a product, service or brand.
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value stream mapping
Value stream mapping is a lean manufacturing tool that visualizes every repeatable step required to deliver a product or service to the customer.
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vendor-managed inventory (VMI)
Vendor-managed inventory (VMI) is an inventory management technique in which the supplier of goods, usually the manufacturer, is responsible for optimizing the inventory a distributor holds.
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voice user interface (VUI)
Voice user interface (VUI) is speech recognition technology that allows people to interact with a computer, smartphone or other device through voice commands. Apple's Siri, Amazon's Alexa, Google's Assistant and Microsoft's Cortana are prime examples of VUIs.