Overview

Manufacturers worldwide grapple with complex challenges, including rising costs, intense global competition, supply chain vulnerabilities, and shifting consumer preferences. To maintain competitiveness, a strategic approach is imperative. Value engineering, a systematic methodology outlined in ASTM E1699 and SAVE International®, provides a powerful tool to address these issues.

Through value engineering’s function analysis, manufacturers can optimize product design, streamline production, and reduce costs without compromising quality or performance. This approach encourages a fresh perspective, challenging conventional thinking and inspiring creative solutions. By prioritizing functions over physical form, Value Engineering enables exploring alternative designs, materials, and processes that can significantly enhance value.

This practical and comprehensive training will revolutionize your approach to design and problem-solving, delving into the powerful principles and techniques of Function Analysis along with VA/VE’s systematic Job Plan, an innovative paradigm for framing solutions.

Course Content

Key topics from the Value Methodology Body of Knowledge will be covered, including:

• Fundamentals of the Value Methodology, Value Analysis, and Value Engineering
• The Concept of Value
• The Systematic Process of VA/VE
• Function Analysis, Function Mapping, and Allocation of Resources to Functions
• Idea Generation in VA/VE
• VA/VE Workshop Preparation
• Facilitation of VA/VE Teams
• Integration of VA/VE with existing continuous improvement programs

What You Will Learn

At the conclusion of the course, you will be able to:

• Describe the value methodology and define value.
• Complete a function analysis for a product.
• Create, interpret, and utilize a FAST diagram.
• Generate innovative ideas to improve your designs and processes.
• Facilitate a product Value Analysis/Value Engineering workshop.

Why Choose This Course?

There are several great reasons to learn with IISE:

• Joint Recognition: The Product Value Analysis / Value Engineering Certificate is issued jointly by SAVE International ® and the Institute of Industrial and Systems Engineers (IISE), two leading organizations in the field. This dual endorsement signifies your commitment to excellence and provides a powerful credential to showcase to potential employers.
• Industry-Relevant Skills: Learn the Value Analysis/ Value Engineering as defined by ASTM E1699 and SAVE International’s VM Guide. Gain practical experience in function analysis, the cornerstone of effective VA/VE.
• Career Advantage: Stand out from the crowd and gain a competitive edge in the job market. This certificate demonstrates your knowledge in a highly sought-after discipline, opening doors to exciting career opportunities in various industries.
• Real-World Application: This program focuses on the practical application of VA/VE principles to products and processes, ensuring you are prepared to tackle real-world challenges.
• Networking Opportunities: Connect with industry professionals and expand your network through SAVE International ® and IISE events and resources.

Prerequisites

There are no prerequisites for this course.

Certificate

Students who successfully complete all course requirements and pass the final exam will receive a certificate of completion and 2.1 continuing education units (CEUs).