SL 1 in Value Engineering

Welcome to the court of Emperor Jalaluddin Muhammad Akbar

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SL 1 in Value Engineering

Noble men! There is a very important matter before the court today.

The raw material price is shooting up. The material cost of a sword has gone up by Rs.10 . And . We are adding 50,000 soldiers to our army this year.

I want to handle this situation without increasing the taxes. Please give your valuable suggestions as to how we should face this situation.

SL 1 in Value Engineering

Why everyones quiet? Birbal! I am surprised that you too have become silent!!

!! !?

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SL 1 in Value Engineering

Your Majesty, I have six ideas which can reduce the cost of a sword by atleast Rs.20 without compromising the functional requirements.

!! !?

??

SL 1 in Value Engineering

!! !?

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Brilliant!. Tell us those ideas.

SL 1 in Value Engineering

Part Count Reduction

Presently, the hilt has 7 parts. The proposed design will have 4 .

Existing Design

New Idea

7 parts

4 parts
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SL 1 in Value Engineering

Part Commonisation For the new hilt, instead of designing exclusive rivets, we can use the rivets of daggers.

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SL 1 in Value Engineering

When the Shah of Persia was our Guest last month , I observed that the hilt in his sword does not have a curved portion. We can design similar hilts for our experienced soldiers.

Benchmarking

Existing Design

New Idea

Curved portion
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SL 1 in Value Engineering

The sheath which houses the blade is made of copper now. We can switch over to Alloy steel which is cheaper.

Alternate Material

Copper

Steel

Sheath Blade

SL 1 in Value Engineering

Since alloy steel is stronger than copper, we can reduce the thickness by 0.5 mm which will save material

Weight Reduction

2 mm

1.5 mm

Sheath Blade

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SL 1 in Value Engineering

The curved blade design is yielding only 2 pieces per die. If a straight blade is designed, we can extract 3 pieces per die.

Yield Improvement

2 Blades

3 Blades

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SL 1 in Value Engineering

Your majesty. The present design is being used since the time of Babur without any failure. We should not risk any design change.

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SL 1 in Value Engineering

Saheb, there is no doubt that the present sword designed by you for my Grandfathers army is superior. However, let us test this new design in our barracks.If they pass the tests, we will deploy them in the battle field.

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SL 1 in Value Engineering

If the ideas pass the test, we can save atleast Rs. Ten Lakhs this year, thus serving the purpose of cost reduction. 14

SL 1 in Value Engineering

There is an advantage also. I do not have to increase the tax.

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SL 1 in Value Engineering

Birbal! I wonder how you developed these ideas! Is there a systematic way by which others can also be trained to generate such ideas.

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SL 1 in Value Engineering

Value Engineering Functional Analysis System Technique

Yes, your Majesty. With the help of Functional Analysis System Technique(FAST) any body can generate such ideas. FAST is a powerful tool used in Value Engineering (VE) which is an extremely effective system to improve products and services for cost and productivity improvement.

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SL 1 in Value Engineering

If six ideas for the sword itself can save Rs. Ten lakhs , imagine how much money we can save on other weapons like spears, arrows and cannons etc.

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SL 1 in Value Engineering

Birbal! There are four divisions in my

army Infantry, Cavalry, Artillery and Elephant brigade. I want you to teach the engineers in each of these divisions the application of Value Engineering (VE), especially the Functional Analysis System Technique(FAST). Each division should release Armoury Change Requests (ACRs) for the worth of Rs.25 lakh.

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SL 1 in Value Engineering

Yes, your Majesty.

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SL 1 in Value Engineering

What is VE / VA / VM?

Value Methodology (also called Value Engineering, Value Analysis

or Value Management) is a powerful problem-solving tool that can reduce costs while maintaining or improving performance and quality requirements. It is a function-oriented, systematic team approach to providing value in a product or service. The value methodology helps organizations compete more effectively in local, national and international markets by: - Decreasing costs - Increasing profits - Improving quality - Expanding market share - Saving time - Solving problems - Using resources more effectively
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SL 1 in Value Engineering

Definition of Value Engineering: An organized study of functions to satisfy the users needs with a quality product at the lowest life cycle cost through applied creativity. ratio of function to Cost. Value can therefore be increased by either improving the function or reducing the Cost

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SL 1 in Value Engineering

Generating a Function Picture

Function Analysis System Technique
Verb-Noun Function Verb-Noun Function Verb-Noun Function Verb-Noun Function

F.A.S.T. Diagram Diagram

Value Based Planning Using VE/VA/VM

July 25, 2002

SL 1 in Value Engineering

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