Value Analysis and Value Engineering

OEM industries need to embrace continuous improvement and innovation in the age of shrinking product life-cycles and inevitable cost effectiveness. This entails rising costs and it becomes essential to adopt a methodology to optimize R&D spending. Additionally, with emerging markets being targeted, delivering localized products is an imperative.

RTS Technologies Value Analysis/ Value Engineering (VAVE) is a service that identifies areas of high costs and helps to optimize them. The heart of the service is the VAVE framework with creative problem-solving that promotes the development of value-added cost-effective solutions by interdisciplinary teams. The ingrained approaches foster comparable functionality at a lower cost, thereby improving product profitability and increasing margins. Apart from costs, VAVE differentiation reduce time-to-market, through the consulting platform for Value Engineering, and expedite technology adoption.

VAVE Capabilities:

• Product teardown & benchmarking
• Product cost engineering and Should costing analysis
• Product Function and worth Analysis
• Design optimization