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Organizing value analysis value engineering (VAVE) during new product development (NPD)

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Title: Organizing value analysis value engineering (VAVE) during new product development (NPD)

Authors: Ainul Farahin Binti Abdullah, Erry Yulian Triblas Adesta, Fawaz M K H Al-Fadhli

Journal: ARPN Journal of Engineering and Applied Sciences

HEC Recognition History
Category From To
Y 2023-07-01 2024-09-30
Y 2022-07-01 2023-06-30
Y 2021-07-01 2022-06-30
X 2020-07-01 2021-06-30

Publisher: Khyber Medical College, Peshawar

Country: Pakistan

Year: 2015

Volume: 10

Issue: 21

Language: English

Categories
Industrial Engineering (1270) Cost Analysis (31) Value Engineering (5) Operations Management (602) Product Development (60)

Abstract

This paper presents one of the methodologies applied during New Product Development (NPD) phase; Value Analysis Value Engineering (VAVE). VAVE can lead to high-quality products which meet customer desires and at the same time increase the operating income requirements for an organization. The application of VAVE to NPD can enhance the products value by increasing performance without increasing the cost and affecting the quality, saleability or maintainability. A case study has been discussed and an analysis has been made following the fundamentals of VAVE. At the end, results obtained are discussed.

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