Value engineering

About: Value engineering is a research topic. Over the lifetime, 1231 publications have been published within this topic receiving 10882 citations. The topic is also known as: VE.

Enhancing supply chain collaboration in automotive industry by value driven simulation

Abstract: This paper presents a computer-based approach for conceptual design that aims to enhance collaborative supply chain development in the automotive sector when dealing with product-service development or radical innovations. The focus of the research has been to design a simulation approach that will enable designers and managers to simulate and evaluate the value of different design options for the different stakeholders involved in the development process and to have insights about the implications between business model innovation and the engineered aspects of the solutions early in the conceptual phase. The approach is presented using a case study within the current project, after following a team responsible for the car cockpit. Four possible scenario have been simulated and evaluated using a commercial simulation software. The main advantage of the proposed approach is to enhance the awareness among designers and managers of the value of different design options, and allow them to explore further how business and design aspects profoundly affect each other, in order to support early decision-making in the design process.

Value Engineering Approach to Low‐Volume Road Bridge Selection

Abstract: Most of the badly deteriorated bridges in the United States are those built prior to the 1950s, and many of these are on low-volume roads where they receive little attention. This paper deals with the use of value engineering principles to study the economics of various low-volume bridge systems along with miscellaneous bridge components so that potential savings through proper choices of innovative bridge systems can lead to better utilization of the funds available. Value engineering principles such as functional analysis and fast diagramming, value analysis and innovation/evaluation techniques have been used to develop and evaluate different design scenarios. The optimal designs derived through this study are of generic nature. Certain geographical factors or other concerns depending on site locations have to be incorporated in the value analysis before the final selection of a bridge system. Specifically, the value engineering analysis revealed that initial material cost, maintenance aspects, durability, service life, availability of components, and ease of erection have turned out to be the most important items in the selection of a low-volume road bridge.

Novel Approach to Overcoming Discontinuity in Knowledge: Application in Value-Adding Frameworks in Construction Industry

Abstract: Knowledge discontinuity can be a significant obstacle to knowledge growth and accumulation, resulting primarily from the excessive tailoring of borrowed concepts, theories, and approaches. ...

Formulating management policies for value engineering/value analysis

Abstract: This paper is an introduction to social judgment theory for productivity researchers and managers. It offers a useful theoretical and methodological basis for formulating and analyzing policies for value engineering/value analysis. Assignment of value to a product, process, or service is matter of an individual exercising his or her own judgment, which may vary from person to person. Subjectivity plays an important role in the assessment of value. Social judgment theory offers a theoretical framework that will prove useful to researchers in the study of the value engineering/value analysis process. The paper describes a computerized procedure for identification, measurement, and reporting of judgmental sources of value assessment. This information proves invaluable in the development and implementation of management policies for new product, process, or service development and for productivity improvements. A case study is provided as an example of how the procedure described here can be used for both research and practical application purposes. The results of the case study demonstrate that analyses of judgments and interactive computer graphics offer useful tools that serve as policy aids for the managers assessing value.