Livonia Technical Services Company

 

29600 Trancrest Avenue

Livonia, MI 48152

VOICE/FAX (248) 474-2035

www.livoniatech.com

     

 Value Analysis & Value Engineering (VA/VE)

2 Day Workshop

 

Who Should Attend

Anyone involved in the planning, design, or operation of a product, service, or manufacturing process.

 

Purpose of the Training

This program provides the skills and knowledge needed to increase value through systematic control of function and cost. During this training, you will:

 

·    Discover how value can be defined and quantified

·    See how to recognize and describe your product in customer terms

·    Find out how you can actively involve the supply chain in production

·    Complete a value analysis exercise on a common product and see how the VA/VE process works

 

What You Will Learn

·  Why VA/VE is a workshop activity

·  The benefits of VA/VE

·  The Value Equation

·  How to appraise and develop creative ideas

·  Cost-plus pricing and market pricing

·  The key role of management in VA/VE

·  How to construct a team charter and why this is critical to success

·  How to include customer interests in the VA/VE process

·  How “function” contributes to customer satisfaction

·  How to calculate and assess the change in value that creative proposals create

·  How to determine which functions are most important to customers

·  What a Value Agreement is and why it is critical to VA/VE

·  How anyone can be creative—and how teams can use this knowledge

·  Action Planning for VA/VE: How to measure, track, and drive improvements and cost reductions