APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY

March 2019
Vol-5, Issue-2
Paper ID: 9728
ISSN: 2395-4396
Downloads: 0

Abstract & Details

Research Area
Finance
Keywords
Value engineering in manufacturing industries
Abstract
In this current competitive automotive world, cutting down the cost & improving the function for the same cost is the key in winning over the competition. This paper presents the fundamental idea of Value Engineering and Value analysis that can be implemented to any component to optimize its value. It promotes people to think and use their creative thinking to effectively convey the information with each other to improve their effectiveness and the profit of the Company. A case study is discussed of a product in which the shape of raw material of the product is changed for implementing the value engineering methodology. In another case study by changing the number of fixture by value engineering concept.

Author Information

# Name Institute / Affiliation
1 uddyeshya singh MPSTME Shirpur
2 Shaunak Rawke MPSTME Shirpur
3 Harshkumar Parakh MPSTME Shirpur

How to Cite

Use the following formats to cite this article in your research.

APA Style
singh, uddyeshya, Rawke, Shaunak, & Parakh, Harshkumar (2019). APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY. International Journal of Advance Research and Innovative Ideas In Education, 5(2), 1560-1564.
MLA Style
singh, uddyeshya, et al. "APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY." International Journal of Advance Research and Innovative Ideas In Education, vol. 5, no. 2, 2019, pp. 1560-1564.
IEEE Style
uddyeshya singh, Shaunak Rawke, and Harshkumar Parakh, "APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY," International Journal of Advance Research and Innovative Ideas In Education, vol. 5, no. 2, pp. 1560-1564, 2019.
Vancouver Style
singh uddyeshya, Rawke Shaunak, Parakh Harshkumar. APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY. International Journal of Advance Research and Innovative Ideas In Education. 2019;5(2):1560-1564.
Harvard Style
singh, uddyeshya, Rawke, Shaunak, & Parakh, Harshkumar (2019) 'APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY', International Journal of Advance Research and Innovative Ideas In Education, 5(2), pp. 1560-1564.
Chicago Style
singh, uddyeshya, Shaunak Rawke, and Harshkumar Parakh. "APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY." International Journal of Advance Research and Innovative Ideas In Education 5, no. 2 (2019): 1560-1564.
Turabian Style
singh, uddyeshya, Shaunak Rawke, and Harshkumar Parakh. "APPLICATION OF VALUE ENGINEERING IN MANUFACTURING INDUSTRY." International Journal of Advance Research and Innovative Ideas In Education 5, no. 2 (2019): 1560-1564.

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