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- W2515198348 abstract "The aim of value engineering is to design a product that will represent the optimum value to the manufacturer and customer. Value Engineering is a systematic step by step methodology for continuous improvement of products, process, service and system. M/s Gayatri Pvt. Ltd. Situated at Sangli Maharashtra has been manufacturing Different types of Computer work stations, Office tables, Bed, Benches, Wardrobe, Study table, TV Stand, Stools etc. and currently supply to local dealers and customers in Sangli and near by area. This paper introduces how to apply theories and methods of Value Engineering in the industry. Value Engineering is a proven management technique that can make valuable contributions to value enhancement and cost reduction of the furniture manufacturing industry. The basic fundamental of Value Engineering with its different phases which can be implemented in any product to optimize its value. A case study of furniture manufacturing small scale industry is discussed in which the material size of the product is changed according to the value engineering methodology. The material is chosen such that the cost is reduced without affecting the value of the product and its design. To find the best possible alternative from the choices we have used the tools such as Function analysis, Functional Evaluation and Decision Matrix, which gives the most appropriate results. Hence as a result of the analysis the cost is reduced." @default.
- W2515198348 created "2016-09-16" @default.
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- W2515198348 date "2013-01-01" @default.
- W2515198348 modified "2023-09-27" @default.
- W2515198348 title "Optimization of Furniture Product in Furniture Industry by Using Value Engineering with Function Analysis, Function Evaluation and Decision Matrix- A Case Study" @default.
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