Bengaluru, India

Value Engineering is a systematic approach to enhance the “value” of a product against its cost. One way of achieving this is by reducing the cost of the existing system without compromising on its quality, reliability, performance, and safety. The other way is by enhancing the user experience, performance or features of a product at the same existing cost without compromising on its quality, reliability and safety.

Although there are various scientific approaches known for value engineering, it finally boils down to the team’s ingenuity in analyzing the current situation, coming up with numerous innovative cost-effective options and funneling down to the ones that result in maximum value while they can be implemented without any hassle.

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Value Engineering

Value Analysis/ Value Engineering (VAVE) is a daily affair at iSol.

VAVE is not limited to a stage after a product is designed developed/ released to the market. Even in Design and Engineering phases, Value Engineering is always in force – Value Engineering by Design. VE should start right at the beginning of a project where we can derive maximum benefits, with fewer changes, redesigns and reworks over the expected life of a product.

VE encompasses evaluating various alternatives to a design or a process through which a product or its subsystem and parts thereof can accomplish their functions optimally at the least possible cost. It needs a holistic approach, where subject matter experts work with designers and engineers to arrive at the best alternatives.

In a Value Engineering project we explore the possibility to Eliminate (avoid; make it non-essential); Substitute (replace with less expensive alternative material, components or processes); Combine (modify, commonize left and right brackets); We strive to make the parts multipurpose so that the value per part or value over cost is enhanced.

For an organization to be successful and to have a competitive edge in the market, continuous value engineering is a  must. iSol has a very good experience of carrying out several Value Engineering Projects in a diverse set of domains. Even in the initial stages of a project, we can bring in an outside view of alternate solutions from other similar projects. This makes iSol a perfect choice for your VAVE projects.

As a complete solutions provider in this domain, iSol has carried out services ranging from R&D, conceptualization, Industrial Design, Product and System Engineering, Simulation & Analysis, prototyping, manufacturing drawings and even development of products.

We have manufacturing partners who have a proven experience specifically in this domain.

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Value Engineering

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