Value Engineering

SL 1 in Value Engineering

SL 1 in Value Engineering

1

SL 1 in Value Engineering

Module Objectives The module will help you to: 2. State purpose and advantage of VE 3. Define VE, function and identify functions of a given component 4. Define FAST, construct a FAST diagram and create a cost table 5. Define creativity & list concepts of VE & identify the VE concept applied in a particular case 6. Briefly narrate the history of VE

2

SL 1 in Value Engineering

Module Outline SL 1 in Value Engineering 1. Overview of Value Engineering

2. Value Engineering, Function

3. FAST diagram, Cost Table

4. Concepts of VE 5. History of VE

3

SL 1 in Value Engineering

Welcome to the court of Emperor Jalaluddin Muhammad Akbar

4

SL 1 in Value Engineering

Noble men! There is a very important matter before the court today.

The raw material price is shooting up. The material cost of a sword has gone up by Rs.10 . And …. We are adding 50,000 soldiers to our army this year.

I want to handle this situation without increasing the taxes. Please give your valuable suggestions as to how we should face this situation.

5

SL 1 in Value Engineering

Your Majesty, I have six ideas which can reduce the cost of a sword by atleast Rs.20 without compromising the functional requirements.

Why everyone’s quiet? Birbal! I am surprised that you too have become silent!!

!!

??

Brilliant!. Tell us those ideas.

!?

6

SL 1 in Value Engineering

Part Count Reduction

Presently, the hilt has 7 parts. The proposed design will have 4 .

Existing Design

New Idea

7 parts

4 parts 7

SL 1 in Value Engineering

Part Commonisatio n For the new hilt, instead of designing exclusive rivets, we can use the rivets of daggers.

x 8

SL 1 in Value Engineering

Benchmarking When the Shah of Persia was our Guest last month , I observed that the hilt in his sword does not have a curved portion. We can design similar hilts for our experienced soldiers.

Existing Design

New Idea

Curved portion 9

SL 1 in Value Engineering

The sheath which houses the blade is made of copper now. We can switch over to Alloy steel which is cheaper.

Alternate Material

Copper

Steel

Sheath Blade

10

SL 1 in Value Engineering

Weight Reduction

Since alloy steel is stronger than copper, we can reduce the thickness by 0.5 mm which will save material

1.5 mm

2 mm

Sheath Blade

11

SL 1 in Value Engineering

Yield Improvement

The curved blade design is yielding only 2 pieces per die. If a straight blade is designed, we can extract 3 pieces per die.

2 Blades

3 Blades

12

SL 1 in Value Engineering

Saheb, there is no doubt that the present sword designed by you for my Grandfather’s army is superior. However, let us test this new design in our barracks.If they pass the tests, we will deploy them in the battle field.

There is an advantage also. I do not have to increase the tax. Your majesty. The present design is being used since the time of Babur without any failure. We should not risk any design change. If the ideas pass the test, we can save atleast Rs. Ten Lakhs this year, thus serving the purpose of cost reduction. 13

SL 1 in Value Engineering

Birbal! I wonder Yes, your Majesty.how you With the help of Functional Analysis developed these System Technique(FAST) anyIsbody ideas! there a can generate such ideas. FAST is away systematic powerful tool usedby in which Value others Engineering (VE) which an be canis also extremely effective system to to trained improve products and services generatefor such cost and productivity improvement. ideas.

If six ideas for the sword itself can save Rs. Ten lakhs , imagine how much money we can save on other weapons like spears, arrows and cannons etc.

14

SL 1 in Value Engineering

Yes, your Majesty.

Birbal! There are four divisions in my army – Infantry, Cavalry,Artillery and Elephant brigade. I want you to teach the engineers in each of these divisions the application of Value Engineering (VE), especially the Functional Analysis System Technique(FAST). Each division should release Armoury Change Requests (ACRs) for the worth of Rs.25 lakh.

15