The Benefits — and Pitfalls — of Value Engineering

Optimize product cost and functionality during the design or manufacturing phase

There’s a natural tension between product cost and functionality. Increase or decrease one or the other and you’ll quickly disrupt the value balance.

Yet, change in cost or performance is typically necessary for products to remain competitive in the market. How can an OEM reconcile a seemingly no-win situation?

The Benefits — and Pitfalls — of Value Engineering details the proven systematic method behind improving the "value" of goods or products and services during the design and manufacturing phases. Learn how to:

  • Apply the value engineering formula
  • Integrate the 8 critical process steps
  • Strategically gain a competitive advantage by managing product design
  • And more!

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