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NEED FOR THE APPLICATION OF VALUE ANALYSIS AND VALUE ENGINEERING IN COST REDUCTION
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- Contributor: mr-chris
- engagements: 43
- Case No: 792229ip
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ABSRACT - [ Total Page(s): 1 ]This project work was chosen in order to determine the need for the application of value analysis and value Engineering in cost reduction. It will x-ray the gains, benefits and contributions of value analysis and value Engineering in Bottling industries with special reference to Nigerian Bottling Company Owerri. The topic in question will reveal the methods by which value analysis and value engineering techniques can be applied as well as the contribution of other functional departments in the application of value analysis and value engineering. It will also identify the factors that are respo
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONEINTRODUCTION 1.1 BACKGROUND OF THE STUDYValue analysis as an organized study of the function of materials, parts and components involves the critical examination of goods or products, which is aimed at improving its efficiency in use by changes in design, production technique, packaging and other related process whereas value engineering represents the application of value analysis at the preproduction stage. It is purely concerned more of cost-avoidance while value analysis is concerned more of cost-correction. Value analysis is an organized procedure for the effici ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]This project work was chosen in order to determine the need for the application of value analysis and value Engineering in cost reduction. It will x-ray the gains, benefits and contributions of value analysis and value Engineering in Bottling industries with special reference to Nigerian Bottling Company Owerri. The topic in question will reveal the methods by which value analysis and value engineering techniques can be applied as well as the contribution of other functional departments in the application of value analysis and value engineering. It will also identify the factors that are respo
... Continue Reading
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