Value Analysis 1984; A Status Report
Article Abstract:
Value Analysis (VA) is being utilized in manufacturing companies. VA emphasizes creativity and teamwork. VA is being used for cost reduction, quality control and management effectiveness. Purchasing has a major interest in value analysis. A survey revealed that though VA helps achieve cost savings, quality improvements are a major result of VA, which also can spur creative teamwork. Purchasing managers also cite the contribution of VA to marketing objectives. VA is considered more important than ever by surveyed purchasing managers. Respondents reveal that VA pays its own way.
Publication Name: Purchasing
Subject: Transportation industry
ISSN: 0033-4448
Year: 1984
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The Corporate View
Article Abstract:
Value Analysis (VA) has been employed at General Electric Co. for thirty-seven years. At GE, VA focuses on quality and team approach between purchasing and engineering. The GE purchasing department has been reorganized. Cost is still important, but suppliers are told that quality is perceived as added value. VA is referred to as engineered producability at GE.
Publication Name: Purchasing
Subject: Transportation industry
ISSN: 0033-4448
Year: 1984
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Equals in Value
Article Abstract:
Black and Decker manufactures power tools to satisfy the needs of the end users. The credo is a Value Analysis (VA) precept. A pictorial presentation of the professional difference in power tools is presented.
Publication Name: Purchasing
Subject: Transportation industry
ISSN: 0033-4448
Year: 1984
User Contributions:
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