Product and value engineering, product functions and their impact on equipment investments
In many companies, product and value engineering is often characterized by outdated planning procedures: planning processes for manufacturing systems and equipment are often based on the assumption of an “unmanned production”. As a result, the focus is mainly on implementing technical processes and assuring their quality. It is extremely rare that a customer’s product requirements are taken into account. Investments in manufacturing systems and equipment are generally budgeted at overall system level and the amount of added value from each component is not taken into consideration. If an investment is made larger, existing plans are usually simply updated. This not only increases product complexity but also manufacturing complexity.
Here valuable savings can be made. Cost savings can be calculated using a method based on processes and values.
As part of a joint project with you, we develop an adapted procedure for designing a value-based manufacturing system tailored to your requirements. We implement the following concepts:
We provide you with support throughout the entire project – from setting goals through applying the method right up to implementation. If desired, at the end of the project we also compile a report of the results and recommend possible courses of action.