Value Analysis in Galvanization Process: A Cost Reduction approach
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| Title | Value Analysis in Galvanization Process: A Cost Reduction approach |
| Authors | |
| Abstract | In a free enterprise system, with competition at full play, success in business over the long term hinges oncontinually offering the customer the best value for the price. Competition, in other words, determines in what direction onemust go, in setting the value content in order for a product or a service to be competitive. This best value is determined bytwo considerations: performance and cost. Value analysis helps in identifying unnecessary costs of any product by focusingon the product function. Using creative ideas invariably minimizes unnecessary costs even if it does not eliminate themtotally. This paper addresses the application of value analysis concepts for cost reduction in the galvanization process. Bythis paper we can see that how we can use value analysis concept for solving the problem of any type with the best suitableoption of reducing the cost of galvanization to the best possible extent. In short, Value analysis is versatile and a systematicway solve to many problems related to any aspect of manufacture, such as quality, production, maintenance, partsavailability and many others. It directly contributes to improvement of operating performance and reduced costs. |
| Publisher | World Science Publisher |
| Date | 2012-10-14 |
| Source | 2167-6380 |
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