SlideShare une entreprise Scribd logo
1  sur  12
Enhancing Value of Slit Housing
using Value Engineering –
A Case Study
Anurag Tewari
M.Tech [I&PE]
Introduce the product
 In this presentation we have discussed a part of the company Labotron India
Pvt. Ltd. located in Ambala which produces medical instruments.
 The part considered is Slit Housing on which the value engineering job plan is
applied.
 Product selected is Slit Housing which is used as a component in assembly of
microscope in the field of eye inspection at moisture free environment.
The steps used for this purpose are as follows:
 Product selection plan
 Gather information of product
 Functional analysis
 Creativity worksheet
 Evaluation sheet
 Cost analysis
 Result
Product information
Functional analysis of present function
Develop alternative Design or Methods
During brainstorming these ideas were listed:-
i. Change material
ii. Change design
iii. Use ASB plastics
iv. Change the process
v. Make product through casting
Evaluation phase
For judging the ideas, the following designs were considered:
A: Ease of operation
B: Durability
C: Maintainability
D: Safety
E: Reliability
Comparing this criteria according to relative importance :
Cost analysis
Result
The total savings after the implementation of value engineering are given below:-
 Total Existing Cost – Rs 155.8/-
 Total Proposed Cost –Rs 98.48/-
 Saving per product – Rs 57.32/-
 Percentage saving per product –36.79%
 Annual Demand of the product – 10,000
 Total Annual Saving – Rs 5,73,200/-
 Value Improvement - 58.20%
Three goals that we’re looking at value engineering:
1. Identify additional functions that aren’t attractive to customers.
2. Add attractive functions for customers.
3. Saving because of the elimination of redundant functions.

Contenu connexe

Tendances

Value analysis and value engineering
Value analysis and value engineeringValue analysis and value engineering
Value analysis and value engineering
Ayush dixit
 
VALUE ENGINEERING ANALYSIS PPT
VALUE ENGINEERING ANALYSIS PPTVALUE ENGINEERING ANALYSIS PPT
VALUE ENGINEERING ANALYSIS PPT
Abhay Sharma
 
Cost Reduction of a product through Value Analysis & Value Engineering
Cost Reduction of a product through Value Analysis & Value EngineeringCost Reduction of a product through Value Analysis & Value Engineering
Cost Reduction of a product through Value Analysis & Value Engineering
QuEST Global
 
What is VAVE
What is VAVE What is VAVE
What is VAVE
Reff Ren
 
Value Engineering And Value Analysis
Value Engineering And Value AnalysisValue Engineering And Value Analysis
Value Engineering And Value Analysis
thombremahesh
 

Tendances (20)

Value_Analysis_and_Value_Engineering, A_seminar_by_Mohan_Kumar_G
Value_Analysis_and_Value_Engineering, A_seminar_by_Mohan_Kumar_GValue_Analysis_and_Value_Engineering, A_seminar_by_Mohan_Kumar_G
Value_Analysis_and_Value_Engineering, A_seminar_by_Mohan_Kumar_G
 
Value analysis and value engineering
Value analysis and value engineeringValue analysis and value engineering
Value analysis and value engineering
 
VALUE ENGINEERING ANALYSIS PPT
VALUE ENGINEERING ANALYSIS PPTVALUE ENGINEERING ANALYSIS PPT
VALUE ENGINEERING ANALYSIS PPT
 
Value Engineering Part 1
Value Engineering Part 1Value Engineering Part 1
Value Engineering Part 1
 
Value Engineering
Value EngineeringValue Engineering
Value Engineering
 
Value engineering and Analysis
Value engineering and AnalysisValue engineering and Analysis
Value engineering and Analysis
 
Cost Reduction of a product through Value Analysis & Value Engineering
Cost Reduction of a product through Value Analysis & Value EngineeringCost Reduction of a product through Value Analysis & Value Engineering
Cost Reduction of a product through Value Analysis & Value Engineering
 
What is VAVE
What is VAVE What is VAVE
What is VAVE
 
A Study Report on Value Analysis and Value Engineering (VAVE)
A Study Report on Value Analysis and Value Engineering (VAVE)A Study Report on Value Analysis and Value Engineering (VAVE)
A Study Report on Value Analysis and Value Engineering (VAVE)
 
Value engineering
Value engineeringValue engineering
Value engineering
 
Concept of Value Engineering with Case Study
Concept of Value Engineering with Case StudyConcept of Value Engineering with Case Study
Concept of Value Engineering with Case Study
 
Value Engineering
Value EngineeringValue Engineering
Value Engineering
 
Value engineering pom
Value engineering pomValue engineering pom
Value engineering pom
 
Value Engineering And Value Analysis
Value Engineering And Value AnalysisValue Engineering And Value Analysis
Value Engineering And Value Analysis
 
Value Analysis & Value Engineering
Value Analysis & Value EngineeringValue Analysis & Value Engineering
Value Analysis & Value Engineering
 
Fundamentals of value engineering
Fundamentals of value engineering Fundamentals of value engineering
Fundamentals of value engineering
 
Value analysis and Value Engineering
Value analysis and Value EngineeringValue analysis and Value Engineering
Value analysis and Value Engineering
 
Value Analysis
Value AnalysisValue Analysis
Value Analysis
 
Value Analysis and Value Engineering -Function & Evaluation of Function
Value Analysis and Value Engineering -Function & Evaluation of FunctionValue Analysis and Value Engineering -Function & Evaluation of Function
Value Analysis and Value Engineering -Function & Evaluation of Function
 
VA/VE Presentation
VA/VE PresentationVA/VE Presentation
VA/VE Presentation
 

Similaire à Value engineering case study ppt

Value analysis and value engineering
Value analysis and value engineeringValue analysis and value engineering
Value analysis and value engineering
Ayush dixit
 
Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...
Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...
Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...
International Journal of Engineering Inventions www.ijeijournal.com
 
Lean Tools and resulting ROI 2015
Lean Tools and resulting ROI 2015Lean Tools and resulting ROI 2015
Lean Tools and resulting ROI 2015
Bill Bearnson
 
572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...
572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...
572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...
ssuser149600
 

Similaire à Value engineering case study ppt (20)

IRJET- Furniture Product Optimization by using Creative Phase of Value Engine...
IRJET- Furniture Product Optimization by using Creative Phase of Value Engine...IRJET- Furniture Product Optimization by using Creative Phase of Value Engine...
IRJET- Furniture Product Optimization by using Creative Phase of Value Engine...
 
Value Engineering
Value Engineering Value Engineering
Value Engineering
 
value engineering--conversion- Copy.pdf
value engineering--conversion- Copy.pdfvalue engineering--conversion- Copy.pdf
value engineering--conversion- Copy.pdf
 
Value analysis and value engineering
Value analysis and value engineeringValue analysis and value engineering
Value analysis and value engineering
 
IRJET- Overview of Value Engineering and Value Analysis
IRJET- Overview of Value Engineering and Value AnalysisIRJET- Overview of Value Engineering and Value Analysis
IRJET- Overview of Value Engineering and Value Analysis
 
IRJET- Sustainable Product Development (Nature Inspired Design Strategies) - ...
IRJET- Sustainable Product Development (Nature Inspired Design Strategies) - ...IRJET- Sustainable Product Development (Nature Inspired Design Strategies) - ...
IRJET- Sustainable Product Development (Nature Inspired Design Strategies) - ...
 
Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...
Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...
Design and Development of Stamping Bracket of Snowmobile Using Computer Aided...
 
Product design concept
Product design conceptProduct design concept
Product design concept
 
OPS 571T Education Specialist |tutorialrank.com
OPS 571T Education Specialist |tutorialrank.comOPS 571T Education Specialist |tutorialrank.com
OPS 571T Education Specialist |tutorialrank.com
 
Quality - An Introduction-170715
Quality - An Introduction-170715Quality - An Introduction-170715
Quality - An Introduction-170715
 
IRJET- A Case Study for Overall Equipment Effectiveness Improved in Manufactu...
IRJET- A Case Study for Overall Equipment Effectiveness Improved in Manufactu...IRJET- A Case Study for Overall Equipment Effectiveness Improved in Manufactu...
IRJET- A Case Study for Overall Equipment Effectiveness Improved in Manufactu...
 
Lean Tools and resulting ROI 2015
Lean Tools and resulting ROI 2015Lean Tools and resulting ROI 2015
Lean Tools and resulting ROI 2015
 
Value analysis -2
Value analysis -2Value analysis -2
Value analysis -2
 
Value analysis
Value analysisValue analysis
Value analysis
 
Value analysis
Value analysisValue analysis
Value analysis
 
572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...
572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...
572021116-WINSEM2021-22-ECE3502-ETH-VL2021220501486-Reference-Material-I-15-0...
 
3-Product-and-Service-Design in operation management pptx
3-Product-and-Service-Design in operation management pptx3-Product-and-Service-Design in operation management pptx
3-Product-and-Service-Design in operation management pptx
 
process_planning.pptx
process_planning.pptxprocess_planning.pptx
process_planning.pptx
 
Gearless Power Transmission Report
Gearless Power Transmission ReportGearless Power Transmission Report
Gearless Power Transmission Report
 
R01314118123
R01314118123R01314118123
R01314118123
 

Dernier

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
ssuser89054b
 
Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7
9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Cara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak Hamil
Cara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak HamilCara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak Hamil
Cara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak Hamil
Cara Menggugurkan Kandungan 087776558899
 
DeepFakes presentation : brief idea of DeepFakes
DeepFakes presentation : brief idea of DeepFakesDeepFakes presentation : brief idea of DeepFakes
DeepFakes presentation : brief idea of DeepFakes
MayuraD1
 
"Lesotho Leaps Forward: A Chronicle of Transformative Developments"
"Lesotho Leaps Forward: A Chronicle of Transformative Developments""Lesotho Leaps Forward: A Chronicle of Transformative Developments"
"Lesotho Leaps Forward: A Chronicle of Transformative Developments"
mphochane1998
 

Dernier (20)

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
 
Tamil Call Girls Bhayandar WhatsApp +91-9930687706, Best Service
Tamil Call Girls Bhayandar WhatsApp +91-9930687706, Best ServiceTamil Call Girls Bhayandar WhatsApp +91-9930687706, Best Service
Tamil Call Girls Bhayandar WhatsApp +91-9930687706, Best Service
 
PE 459 LECTURE 2- natural gas basic concepts and properties
PE 459 LECTURE 2- natural gas basic concepts and propertiesPE 459 LECTURE 2- natural gas basic concepts and properties
PE 459 LECTURE 2- natural gas basic concepts and properties
 
Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7
Call Girls in South Ex (delhi) call me [🔝9953056974🔝] escort service 24X7
 
Hostel management system project report..pdf
Hostel management system project report..pdfHostel management system project report..pdf
Hostel management system project report..pdf
 
NO1 Top No1 Amil Baba In Azad Kashmir, Kashmir Black Magic Specialist Expert ...
NO1 Top No1 Amil Baba In Azad Kashmir, Kashmir Black Magic Specialist Expert ...NO1 Top No1 Amil Baba In Azad Kashmir, Kashmir Black Magic Specialist Expert ...
NO1 Top No1 Amil Baba In Azad Kashmir, Kashmir Black Magic Specialist Expert ...
 
Bhubaneswar🌹Call Girls Bhubaneswar ❤Komal 9777949614 💟 Full Trusted CALL GIRL...
Bhubaneswar🌹Call Girls Bhubaneswar ❤Komal 9777949614 💟 Full Trusted CALL GIRL...Bhubaneswar🌹Call Girls Bhubaneswar ❤Komal 9777949614 💟 Full Trusted CALL GIRL...
Bhubaneswar🌹Call Girls Bhubaneswar ❤Komal 9777949614 💟 Full Trusted CALL GIRL...
 
Work-Permit-Receiver-in-Saudi-Aramco.pptx
Work-Permit-Receiver-in-Saudi-Aramco.pptxWork-Permit-Receiver-in-Saudi-Aramco.pptx
Work-Permit-Receiver-in-Saudi-Aramco.pptx
 
Double Revolving field theory-how the rotor develops torque
Double Revolving field theory-how the rotor develops torqueDouble Revolving field theory-how the rotor develops torque
Double Revolving field theory-how the rotor develops torque
 
Introduction to Serverless with AWS Lambda
Introduction to Serverless with AWS LambdaIntroduction to Serverless with AWS Lambda
Introduction to Serverless with AWS Lambda
 
Online electricity billing project report..pdf
Online electricity billing project report..pdfOnline electricity billing project report..pdf
Online electricity billing project report..pdf
 
Cara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak Hamil
Cara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak HamilCara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak Hamil
Cara Menggugurkan Sperma Yang Masuk Rahim Biyar Tidak Hamil
 
Employee leave management system project.
Employee leave management system project.Employee leave management system project.
Employee leave management system project.
 
DeepFakes presentation : brief idea of DeepFakes
DeepFakes presentation : brief idea of DeepFakesDeepFakes presentation : brief idea of DeepFakes
DeepFakes presentation : brief idea of DeepFakes
 
Computer Lecture 01.pptxIntroduction to Computers
Computer Lecture 01.pptxIntroduction to ComputersComputer Lecture 01.pptxIntroduction to Computers
Computer Lecture 01.pptxIntroduction to Computers
 
FEA Based Level 3 Assessment of Deformed Tanks with Fluid Induced Loads
FEA Based Level 3 Assessment of Deformed Tanks with Fluid Induced LoadsFEA Based Level 3 Assessment of Deformed Tanks with Fluid Induced Loads
FEA Based Level 3 Assessment of Deformed Tanks with Fluid Induced Loads
 
Computer Networks Basics of Network Devices
Computer Networks  Basics of Network DevicesComputer Networks  Basics of Network Devices
Computer Networks Basics of Network Devices
 
DC MACHINE-Motoring and generation, Armature circuit equation
DC MACHINE-Motoring and generation, Armature circuit equationDC MACHINE-Motoring and generation, Armature circuit equation
DC MACHINE-Motoring and generation, Armature circuit equation
 
"Lesotho Leaps Forward: A Chronicle of Transformative Developments"
"Lesotho Leaps Forward: A Chronicle of Transformative Developments""Lesotho Leaps Forward: A Chronicle of Transformative Developments"
"Lesotho Leaps Forward: A Chronicle of Transformative Developments"
 
COST-EFFETIVE and Energy Efficient BUILDINGS ptx
COST-EFFETIVE  and Energy Efficient BUILDINGS ptxCOST-EFFETIVE  and Energy Efficient BUILDINGS ptx
COST-EFFETIVE and Energy Efficient BUILDINGS ptx
 

Value engineering case study ppt

  • 1. Enhancing Value of Slit Housing using Value Engineering – A Case Study Anurag Tewari M.Tech [I&PE]
  • 2. Introduce the product  In this presentation we have discussed a part of the company Labotron India Pvt. Ltd. located in Ambala which produces medical instruments.  The part considered is Slit Housing on which the value engineering job plan is applied.  Product selected is Slit Housing which is used as a component in assembly of microscope in the field of eye inspection at moisture free environment.
  • 3. The steps used for this purpose are as follows:  Product selection plan  Gather information of product  Functional analysis  Creativity worksheet  Evaluation sheet  Cost analysis  Result
  • 5. Functional analysis of present function
  • 6. Develop alternative Design or Methods During brainstorming these ideas were listed:- i. Change material ii. Change design iii. Use ASB plastics iv. Change the process v. Make product through casting
  • 7. Evaluation phase For judging the ideas, the following designs were considered: A: Ease of operation B: Durability C: Maintainability D: Safety E: Reliability
  • 8. Comparing this criteria according to relative importance :
  • 9.
  • 11. Result The total savings after the implementation of value engineering are given below:-  Total Existing Cost – Rs 155.8/-  Total Proposed Cost –Rs 98.48/-  Saving per product – Rs 57.32/-  Percentage saving per product –36.79%  Annual Demand of the product – 10,000  Total Annual Saving – Rs 5,73,200/-  Value Improvement - 58.20%
  • 12. Three goals that we’re looking at value engineering: 1. Identify additional functions that aren’t attractive to customers. 2. Add attractive functions for customers. 3. Saving because of the elimination of redundant functions.