Value Engineering & Value Analysis - IMTMA/P021



Programme Background

The need for “ Value Engineered†Products to Customers is becoming more and more significantly important due to liberalized national economic situation as well the Emerging Global Market situations with increasing Customer demands ,continuing material price increase, cost reduction and Norms and increased competition, affecting the profitability(bottom-line) This programme address the concepts of 'Handling Cost Reduction measures of the products ' and systematic approach to investigation of the Function/Cost aspect. Facilitates to review to engineer out “unnecessary costs†prior to releasing a design to production through application of the Techniques with no compromise in the functional aspects.

Focus Areas

 

  • Concepts and Approaches of Value Analysis and Value Engineering and benefits
  • Review of waste in processes
  • Relation between Function vs. Cost
  • Difference between VE,VA and Traditional Cost reduction approach
  • Systematic approach to Cost reduction Techniques with no compromise in Function
  • How to identify, clarify and separate costs which bear no relationship to customer's needs or desires
  • Team work and Brainstorming
  • Practical case studies and examples

The dates of this programme is not yet announced. For more information please click below button.

 

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