Value is an imprecise word, its meaning depends both on the user and on the context.
Cosmetic Changes brought about by Value Analysis or by means of any other technique are a waste of time if the total product is unacceptable to the market. The approach of Value Engineering is to reduce cost of a service or product while increasing its value.
VE begins with analysis by function, for if something does not function then it cannot work and would not sell. IMC would start its VE by leading a unique methodology study with your organization staff to investigate the following areas:
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Operations
• Design (or in Service Planning)
• Inspection and (QA/QC) Requirements
• Materials Handling
• Process Analysis
• Material
• Workplace layout
• Tools and Equipment
• Working Conditions
• Other relevant areas
Based on a thorough analysis of the above, IMC generates a comprehensive and complete plan for improvement.
