add value add customers – Value Engineering

Value Engineering

Value Engineering

If you find that decent profits, meeting budget or even survival depend on reducing costs, consider Value Engineering (VE). VE is a systematic approach involving techniques that reduces costs significantly without affecting performance. VE techniques have helped organizations to reduce design, process and product costs while simultaneously adding value to the customers.

Objectives

  • Develop new outlook for obtaining better value
  • Become Familiar with VA/ VE Problem Solving
  • Contents

    • Concept & history of VA/ VE
    • Benefits of value engineering
    • Understanding the meaning and importance of value
    • 4 thinking approaches
    • Using value-basis in decisions
    • 7 steps to value improvement
    • Value study team composition
    • How human behaviour can affect results and ways to meet the challenge
    • Application exercises
    • Industry examples of use

    Take Away

    On attending this training workshop, the participants will have an overview of VA/ VE.

    They will be able to appreciate the necessity and applicability of VA/ VE in the context of their organisation.

    Who should attend?

    • Middle Level
    • Senior Level

    Methodology

    • Multimedia Presentation
    • Concept explaination
    • Facilitated Discussion
    • Group exercise
    • Individual exercise
    • Study material
    • Q&A

    Interaction Language

    • English
    • Hindi/ English

    What is the programme duration?

    • 1 day
    • 2 days
    • 3 days
    • 3 1/2 days
    What is the right duration for me?

    Want to customise the programme to your requirements?