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Value Engineering is an organized effort directed at analyzing the functions of systems, equipment, installation, operation, maintenance, repair, replacement, facilities, procedures and supplies for the purpose of achieving the required function at the lowest total cost of effective ownership, consistent with requirements for performance, reliability, quality and maintainability.

Consultancy, training and implementation of application of value engineering techniques are given which guarantees high enhancement of performance by which management could reduce cost of production simultaneously maintaining the quality without any compromise. On the other side, the management could also improve the value of the product or services for the same cost. Application of this technique with the present business environment would guarantee high potential for saving.

Earlier applications of value engineering techniques has lowered manufacturing and procurement costs by 15 to 25% including the cost of Value Engineering itself with a return on investment anywhere from 2:1 to 20:1
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