Product design and value engineering ppt download

Value engineering is the process by which a company analyses the individual components of cost within a product or service in order to determine whether it can reengineer the product s cost base in order to improve the value to the customer. It is defined as an assessment of a product that attempts to minimize its cost in relation to its functions. Ppt value engineering powerpoint presentation free to. Focus on high cost components and challenge by asking why do we need this part and what value does it provide to our customer. View ulrich eppinger ppts online, safely and virusfree. Value engineering in construction when applied to the construction process, value engineering has enormous benefits for developers. The product comparison powerpoint template contains 4 decks of visually appealing infographics.

Mar 02, 2020 a value analysis attempts to improve the value of a project using value engineering methodology. Product design and value engineering pdve ch 1 introduction. I want a robot assistant to go to spartys in the engineering building and buy me a hot tea and deliver it to me during my lecture here in eb 1145. After identifying the function of the component, the following. During the product development process, the engineering services team will likely be dealing with both conceptual designs and detail designs. It is a decisionmaking process often iterative, in which the engineering sciences and mathematics are applied to convert.

Value engg ppt final free download as powerpoint presentation. A free powerpoint ppt presentation displayed as a flash slide show on. Detailed characteristics of each product are established. Materials and process selection for engineering design. Value may also be increased if the customer needs, wants, and is willing to pay for greater performance. It is an organized creative approach which has as its purpose the efficient identification of unnecessary cost, i. Value engineering is the systematic way of reducing the costs involved in construction of projects while maintaining the superior quality of the resulting product. Know the winning product in your companys marketing mix and capitalize on it to beat the competition. Accreditation board for engineering and technology abet definition of design engineering design is the process of devising a system, component, or process to meet desired needs. Providing function and quality at the minimum cost will have the product value maximized. The product design specification document is created during the planning phase of the project. Since now we prefered to give away this part of the project process but this time we will follow the entire process internally. Version version history provide information on how the development and distribution of the product design specification, up to the final point of approval, was controlled and tracked.

In value engineering, value is defined as a function divided by cost. Value engineering ve is a functionoriented technique that has proven. Advantages of value analysis it leads to improvements in product design so that, most appropriate products are produced. Duplicate this slide as necessary if there is more than one issue. Value engineering is the process by which a company analyses the individual components of cost within a product or service in order to determine whether it can reengineer the products cost base in order to improve the value to the customer. Value engineering ppt reliability engineering mouse scribd. Value engineering basic concepts methodology implementation.

The term value analysis va is used to the value process which applied to the existing products. Process design is where the product is broken down into parts, which further can be helpful in the actual manufacturing process. The value of requirements isnt in capturing them, but in driving the product development process. A product and service designed is based on the customer feedback and requirement of the market. Kearneys product excellence and renewal lab, or perlab, helps you take a holistic approach to product portfolio management with a focus on cost reductions and revenue improvements, giving. Application of value engineering in industrial product design. Nasa systems engineering handbook viii preface s ince the initial writing of nasa sp6105 in 1995 and the following revision rev 1 in 2007, systems engineering as a discipline at the national aeronautics and space administration nasa has undergone rapid and continued evolution. The engineering design methods presented are those that are of practical significance and the book is a must for anyone wishing to raise the standard of their design work. Highvalue products is the goal what to go after for consumer and the designer of industrial product must have a sense of value first. Value engineering techniques can be applied to any product process procedure system or service in any kind of business or.

Use it to design a fresh presentation in 2020 thats. Value engineering is a creative activity which increase product value by optimizing the relationship between the function of product and its cost. The objective of organization is to provide service and product, which satisfy customer and create value for them. This book is designed with the structure of product design and value engineering theory and methodology. Download engineering powerpoint templates and slide designs for presentations. Changes include using modelbased systems engineering to improve. Most people who design a product are quite often because designer is not sure real. The systematic application of recognized techniques which. Development phase the team develops the selected ideas into. Value engineering new product development business process. Operations management chapter 5 design of goods and services powerpoint presentation to accompany heizerrender principles of operations management, 7e operations management, 9e 2.

With the effective utilization of the technique the final outcomes comes out to be a successful showcase of value engineering. Free engineering powerpoint templates are compatible with microsoft powerpoint 2010 and 20 but you can also use microsoft powerpoint 2007 templates. Harry martin, manager of value engineering and cost improvement program. Define the customer problem or product opportunity. Value engineering is one of the most effective techniques known to identify and eliminate unnecessary costs in product design, testing, manufact uring, construction, operations, maintenance, data, procedures and practices. Jan 04, 2019 if youre interested in learning more about the value that value engineering brings, download our free ebook. The product design specification document documents and tracks the necessary information required to effectively define architecture and system design in order to give the development team guidance on architecture of the system to be developed. Process design and analysis management study guide. The focus is on reducing costs, improving function or both, by way of teamworkbased product evaluation and analysis. Product design and analysis design new product development. In a quest to offer something unique and better than their competitors, builders try to use highgrade raw material of construction. Our new crystalgraphics chart and diagram slides for powerpoint is a collection of over impressively designed datadriven chart and editable diagram s guaranteed to impress any audience. Value can therefore be manipulated by either improving the function or reducing the cost.

The job plan value engineering is often done by systematically following a multi. Designers usually take one of two approaches to 3d design and solid modeling. How to add value to your estimates with value engineering. Engineering design methods are stated and their advantages in design activity. Value engineering is a technique applied to identify optimum value solutions during new product development. From a product design point of view, products that are perceived to have high value first. Product design is a challenging task and require through experience and knowledge. Ppt value engineering powerpoint presentation free to view id. Ppt product design and development chapter 1 powerpoint. Engineering design platforms and simulation incad benefit product development teams.

Engineering industry training board management value engineering. This is defined by the value methodology standard, published by save international. The new product development process class 6 design and branding development. Value engineering ppt free download as powerpoint presentation. Scribd is the worlds largest social reading and publishing site. Sherwin, value engineering coordinator, the plessey company ltd. Differences and similarities between design for manufacturing and design for assembly describe how product design has a primary influence basic criteria for part minimization quantitative analysis of a designs efficiency critique product designs for ease of assembly the importance of involving production engineers. Engineering industry training board management value. Iterate to repeat an already completed task to incorporate new information 3 3 ulrich k.

Value engineering ve can play a key role in ensuring programs stay within budget or even save money. For new products, the value engineering ve approach, which applies the same principles and many of the va techniques to premanufacturing stages such as concept development, design and prototyping. Value engineering a philosophy implemented by the use of a specific set of techniques, a body of knowledge, and a group of learned skills. Product design with plastics ppt mechanical engineering home. Value engineering tools is a good uses in the new product development ndp process which can insure the new products are developed according to customers need and have great return on investment. The multistep process is an integral part of the design stage of new development and aimed at increasing value. Value assurance checklist for product design 37 the value engineering functional approach techniques 43 by frederick s. Written in a clear and readable style by an experienced author of teaching texts, engineering design methods is an integrated design textbook that presents specific methods within an overall strategy from concept to detail design. The experience in this class is that if you pick almost any product satisfying the above project guidelines, you will be able to develop a product that is superior to everything currently on the market. Product quality affects marketability and customer satisfaction quality assurance qa is now part of the concurrent engineering process and is built into every stage of the manufacturing process total quality management tqm and qa are the responsibility of everyone involved in the design and manufacturing of a product. Dec 06, 2014 value engineering ve, or value analysis is a management technique that seeks the best functional balance between cost, reliability and performance of a product, project, process or service. Cost poor build ability,failure to consider construction implications during design 4. But what about powerpoint template designs available for free download online.

Ppt the new product development process powerpoint. A good product design should enable product to be differentiate among its competition. Im a mechanical engineer and i am starting with my first project with some design covers and panels in plastics for a new product. Let us define and describe value analysis and then distinguish it from value engineering. Engineering concepts in industrial product design with a case. To add a product to favorites simple click on near product s image. Volt one of the best powerpoint template designs thats trending in 2020. This can be achieved by attractive packaging and also by providing additional service on the product. Value engineering gna university14 development phase this. Unnecessary cost are that which provides neither quality, nor use, not appearance, not life and customer features. Just because you have used a lousy product doesnt mean. Get faster speedtorevenue with creation design services breadth of technical expertise and our product development approach. Concentrating on the maximizing the projects function.

This document updates information in dod handbook 4245. Powerpoint slide on value engineering compiled by trinity academia. Modelbased system engineering beyond spreadsheets shawn wasserman posted on march 20. The essence of product design is to satisfy customer and maximizes the value for the customer at minimum cost. The design process is influenced by requirements called criteria and constraints. It also outlines the nature of design thinking, and sets it within broader contexts of product development and design process management. May 02, 2016 value engineering gna university3 value engineering is an organizational creative approach for the purpose of identifying of unnecessary cost. Product development teams with complex system designs can benefit from system engineering software to support their processes. Understanding the difference between the two, and what their role is in the product design process, is critical to.

Value engineering is based on analyzing the functions, process or service of a product to maximizing value principle. In addition, it aims to develop a target costing module that will simplify implementation of target costing especially in small and medium enterprises smes. A weighted property value is obtained by multiplying the scaled value of the property by the weighting factor. Electronics, engineering drawing, elegant, architectural design.

Value engineering ve is a systematic method to improve the value of goods or products and services by using an examination of function. Creation technologies turnkey product development solutions get the creation design services team of product development, engineering and regulatory experts working for you. Implementation how is a value engineering study conducted. Value engineering gna university5 value is always increased by decreasing costs while maintaining essential performance. Value engineering tools in the new product development. D iscovering and getting the most related and suitable powerpoint templates is as simple as few clicks. Such objectives include broadening a projects function or usefulness, creating a higher quality end project, reducing schedule requirements, value engineering and value analysis value engineering. Va is the term used when applied to existing products and ve when applier to new products. Value, as defined, is the ratio of function to cost. If so, share your ppt presentation slides online with. The design process is a purposeful method of planning practical solutions to problems. Definitions and benefits essential product development for engineers value engineering.

Engineering design field is stated, since its being close to industrial product design, and a comparison is made between industrial product design and some engineering fields through their approach to design problems and the tools they use. Tools of operations management such as quality function deployment qfd and value engineering ve have been considered and evaluated in terms of their integration into the target costing. Teamcenter allocates requirements to various downstream functionsfeaturesproduct architectures all while generating the reports, documentation, and dashboards to manage the requirements process. Architects, brokers, cmpms, estimation, financial, news february 25th, 2020. Sign up online or download and mail in your application. Free powerpoint templates design is an online resource where you can browse and download free royalty background designs, powerpoint illustrations, photo graphics, and ppt template design for your powerpoint presentations. This presentation is about value engineering and contains. Product comparison is the process of comparing two or more products against some criteria so as to determine their worthiness, market value and viability. Product design consumer response to product form adapted from bloch 1995 what is design.

When applied to the construction process, value engineering has enormous benefits for developers. The importance of search techniques in solving problems of value 49 by j. Value of this product can be increased by maintaining its functions. Importance of product design when products are designed. Value engineering ve is concerned with new products.

If youre interested in learning more about the value that value engineering brings, download our free ebook. Direct modeling means you can push and pull directly on geometry. Through the application of value engineering profits are maximized without hindering the reliability of the product. Engineering design methods is a valuable contribution to the engineering design literature. What design parameters were employed for this product.