VA, VE value engineering and value analysis

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Value Engineering VE and Value Analysis VA are both to further think about and explore the value, function and cost of goods. In the group activities, brainstorming and seeking the best solutions in all directions, and then using them. The way the system divides labor to achieve the goal of increasing value or reducing costs.
1. Value Engineering is a value and cost innovation activity carried out during the product development and design phase. Because it is still in the engineering design stage, it is called value engineering;
2. Once mass production begins, often for cost or profit pressure, it is difficult to find an improvement point that can reduce costs or increase value without detailed value analysis. Continuous analysis after this phase is the main method of reducing costs, which is called Value Analysis. So please pay attention to the nuances of value engineering and value analysis. It is not rigorous to have people confuse the two.
3. Introduction to Value Engineering Law
4. Value Engineering Law originated in the United States in the 1940s, and L. D. Miles was the founder of Value Engineering. When the American Value Engineering Association was founded in 1961, he was elected as the first president of the association. After World War II, procurement was often difficult due to a shortage of raw materials. After tireless exploration in actual work, Myers found that some materials that are relatively short of shortages can be a good substitute for the function of the shortage of materials. Later, Miles gradually came up with a set of effective methods to solve the procurement problem, and extended the idea and application of this method to other fields, for example, combining technology and economic value to study other issues of production and management. This is the early value engineering. In 1955, when this method was introduced to Japan and combined with total quality management, it was further developed and became a more mature method of value analysis. Miles's monograph "Methods of Value Analysis" has made the value project quickly have a huge impact on the world.

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