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Value Management - get more with less From Value Analysis to Value Management With Value Analysis , improvements are achieved intentionally and systemically. In this process, known concepts are applied, such as teamwork, functional analysis, and other analysis and creativity . tools and techniques. All methods required are combined and integrated in a working plan. |
L. Miles defined Value Analysis as an organizational effort to produce the functions of a product at the lowest cost without negatively influencing the necessary quality, reliability and marketability. Management challenges nowadays have not fundamentally changed from those of the past, that is to say, achieve more with lower costs, in less time with less resources. This again makes a systematic approach indispensable to improve performance, | cost and wastage. The European EN 12973 "Value Management" norm offers a standard to achieve competitive advantage with innovation. Value Management is a leadership task, and implies continuously pursuing projects on the basis of value methods and tools. We would be pleased to discuss the details of the Value Management concept with you. |