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Value Analysis / Value Engineering (VAVE)

DFMA is a valuable tool when executing value methodologies such as value analysis (VA) or value engineering (VE)

The development of VAVE traces back to Larry Miles, an engineer at GE in the 1940’s, when he was tasked with mitigating labor and material shortages for the production of GE products. Over the years, it has evolved into a set of tools and a process that consistently and predictably drives value improvement in process and product design. The fundamental premise is defined in this equation:

  Performance & Delivery   Function
Value =
or similarly
  Cost (or Price)   Cost (or Price)

The process consists of several phases, which typically include:

  1. Preparation
  2. Information
  3. Function Analysis
  4. Innovation / Creative
  5. Evaluation
  6. Development
  7. Presentation

VAVE is now widely practiced by many companies and in many industries as a means of improving the value proposition of a product and/or process.

Improving Value

With an emphasis on product cost reduction and simplification, DFMA works within the VAVE process enabling the user to make data-based decisions about the design that reduces total production costs, reduces the labor content (i.e. improving value stream velocity), and preserves/improves functional performance.

VAVE resources at Boothroyd Dewhurst Inc.

In addition to providing DFMA software tools and competency building workshops, Boothroyd Dewhurst can provide you with a more holistic “Design for Value” approach through the combined application of VAVE and DFMA. Chris Tsai, BDI’s DFMA Implementation Services Manager, has over 20 years of VAVE and DFMA implementation experience and is a SAVE International certified Associate Value Specialist (AVS). He has successfully implemented these tools and techniques on product development, productivity, and process improvement (i.e. DFSS, DMAIC, and Lean) projects. You can find his complete biography at www.dfma.com/partners.htm.

Chris Tsai

Click here to read Chris Tsai's 2014 paper: Function-Based Competitive Analysis

DFMA® - Changing the course of product development and manufacturing since 1983