Archive | Cost Reduction

Value Analysis: Meaning Steps and Advantages

After reading this article you will learn about value analysis as the best cost reduction technique:-  1. Definition of Value Analysis 2. Types of Values 3. Functions of a Product in Value Analysis 4. Steps 5. Un-Necessary Costs and Value Analysis 6. Value and Cost 6. Team Approach 7. Objectives 8. Stages 9. Requirements of […]