Improving Profitability through Value Engineering: A Case study

Back to Journal

Home»Articles»Improving Profitability through Value Engineering: A Case study

Improving Profitability through Value Engineering: A Case study

Author : Darshak A. Desai
Volume 1 No.1 January-June 2012 pp

Abstract

Department of Mechanical Engineering, G H Patel College of Engineering & Technology,
Vallabh Vidyanagar – 388 120, Gujarat, India
E-mail: [email protected]
(Received on 26 December 2011 and accepted on 15 February 2012)Abstract

Value Engineering is a function-oriented technique that has proven to be an effective management tool for achieving improved design, construction, and cost-effective solution for many engineering problems. It is one of the most effective techniques known to identify and eliminate unnecessary costs in product design, testing, manufacturing, construction, operations, maintenance, procedures and practices. This paper is an attempt to highlight the application of value engineering techniques towards profitability improvement. The paper discusses a case of fabrication industry mainly dealing with different security cabinets. The paper illustrates how the value engineering efforts resulted into the positive impact on the profitability of the company.

Keywords

Value Engineering, Profitability, Security Safes, Concrete Filled Door Safes, Locking Mechanism

Full Text:

References

Asian Journal of Engineering and Applied Technology is a peer-reviewed International research journal aiming at promoting and publishing original high quality research in all disciplines of engineering and applied technology. All research articles submitted to AJEAT should be original in nature, never previously published in any journal or presented in a conference or undergoing such process across the world. All the submissions will be peer-reviewed by the panel of experts associated with particular field. Submitted papers should meet the internationally accepted criteria and manuscripts should follow the style of the journal for the purpose of both reviewing and editing.

AJEAT is covering all aspects of Engineering and Applied Technology areas. Topics include, but are not limited to:

Aerospace engineering Agricultural engineering Architectural engineering Bioengineering and biomedical engineering Chemical engineering Civil engineering Computer engineering Computer science and information science Electrical engineering and electronics engineering Environmental engineering	Industrial engineering Metallurgical engineering Ceramic engineering Materials science Metallurgy Mechanical engineering Nuclear engineering Petroleum engineering Plastics engineering and polymer science Textile & Fashion Technology

Department of Mechanical Engineering, G H Patel College of Engineering & Technology, Vallabh Vidyanagar – 388 120, Gujarat, India E-mail: [email protected] (Received on 26 December 2011 and accepted on 15 February 2012)Abstract