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Value Engineering Analysis in the Furniture Industry - A Case Study

Author(s):

Venugopal sharma , CSIT DURG CHHATTISGARH; Meghraj, . Tech Scholar Department of Mechanical Engineering, CSIT, Durg (C.G); Rajesh Kumar, Professor, HOD of Mechatronics Engineering, CSIT, Durg (C.G)

Keywords:

VEJP, Value Engineering Analysis

Abstract

In the competitive world it is very essential to secure the level of standard to be as a competitor otherwise the industry may be out of the competition and loss the value in the market. In modern usage, however, it is observes that there is a need for further study due to fast changing in technologies and emphasizing the importance of having improvement in productivity by providing short training & skill programs to the employees. In this Case Study it has been observed that how the value engineering is used for the cost reduction without the change in the product design & its value that means without reducing the quality of the product. Value Engineering can achieve by annual savings which leads to reduce the cost of the product up to large extent is the objective of the task.

Other Details

Paper ID: IJSRDV4I80047
Published in: Volume : 4, Issue : 8
Publication Date: 01/11/2016
Page(s): 338-342

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