Value Analysis / Value Engineering
Increasing competition and evolving technologies continue to put pressure on the profitability of the products during their lifetime. Infosys VA / VE services helps our clients reap benefits from these services in their journey from cost orientation to customer value orientation.
The value engineering services look beyond the conventional cost reduction measures and focus on value drivers such as convenience, quality, time saving, safety and exclusivity. The function-based approach helps to evaluate and prioritize the features in a product.
Our VA / VE services have helped our clients to realize benefits such as:
- Reduced cost
- Reduced lead time
- Improved life
- Simplified assembly
- Improved packaging
The VA / VE methodologies are followed across industries including discreet manufacturing and high technology. Some of the examples of VA / VE include improved packaging for automotive assembly, part communization, conversion from FPGAs to ASICs for cost advantage and new feature additions.