CHETANA’S BACHELOR OF MANAGEMENT STUDIES

SUBJECT: Production Management and Material Management

TOPIC: Value Analysis and Value Engineering in Material Management

Group no. 8

Under The Guidance Of:Prof. Viju Navare

INTRODUCTION

MEANING OF THE TERM VALUE

CHARACTERISTICS OF VALUE

VALUE DEFINED

KINDS OF VALUE

VALUE ANALYSIS

DEFINITION OF VALUE ANALYSIS

OBJECTIVES OF VALUE ANALYSIS

AREAS OF APPLICATION OF VALUE ANALYSIS

Value analysis in production

VALUE ANALYSIS ATTACKS TWO ASPECTS OF THE PRODUCT

•THE USE FUNCTION OR THE PRODUCT TO PERFORM ACCORDING TO SPECIFICATIONS.

•THE AESTHETIC FUNCTION, APPEARANCE OR STYLE OF THE PRODUCT

Value analysis in purchasing

VALUE TESTS

VALUE ANALYSIS PROCESS

•GENERAL PHASE

•INFORMATION PHASE

•FUNCTION BASE

•CREATION PHASE

•EVALUATION PHASE

•INVESTIGATION PHASE

•RECOMMENDATION PHASE

BENEFITS TO BE ACHIEVED BY VALUE ANALYSIS

TECHNIQUES OF VALUE ANALYSIS

DESIGN ANALYSIS

CHECKLISTS

BRAINSTORMING

PRICE ANALYSIS

THANK YOU