Presentation on Value Engineering!!

May 7, 2010Download as PPT, PDF0 likes1,113 views

1) Emperor Akbar calls a meeting of his court to address the rising costs of materials for the army. 2) Birbal presents 6 ideas to reduce the cost of swords by at least Rs. 20 without compromising quality, including reducing parts, standardizing designs, alternative materials, and improving yields. 3) If implemented, the ideas could save Rs. 10 lakhs that year and avoid increasing taxes. 4) Akbar is impressed and asks Birbal to teach the technique of Functional Analysis System Technique (FAST) to engineers in the army to find more cost-saving ideas.

Welcome to the court of Emperor Jalaluddin Muhammad Akbar

Noble men! There is a very important matter before the court today. The raw material price is shooting up. The material cost of a sword has gone up by Rs.10 . And …. We are adding 50,000 soldiers to our army this year. I want to handle this situation without increasing the taxes. Please give your valuable suggestions as to how we should face this situation.

Why everyone’s quiet? Birbal! I am surprised that you too have become silent!! Your Majesty, I have six ideas which can reduce the cost of a sword by atleast Rs.20 without compromising the function al requirements. Brilliant!. Tell us those ideas. !? !! ??

Presently, the hilt has 7 parts. The proposed design will have 4 . Part Count Reduction 1. Parts Reduction Existing Design 7 parts New Idea 4 parts

For the new hilt, instead of designing exclusive rivets, we can use the rivets of daggers. Part Commonisation x 2. Parts Standardization

When the Shah of Persia was our Guest last month , I observed that the hilt in his sword does not have a curved portion. We can design similar hilts for our experienced soldiers. Benchmarking 3. Benchmarking New Idea Existing Design Curved portion

Alternate Material The sheath which houses the blade is made of copper now. We can switch over to Alloy steel which is cheaper. 4. Alternative Material Blade Sheath Copper Steel

Weight Reduction Since alloy steel is stronger than copper, we can reduce the thickness by 0.5 mm which will save material 5. Weight Reduction Blade Sheath 2 mm 1.5 mm

Yield Improvement The curved blade design is yielding only 2 pieces per die. If a straight blade is designed, we can extract 3 pieces per die. 6. Yield Improvement 2 Blades 3 Blades

Your majesty. The present design is being used since the time of Babur without any failure. We should not risk any design change. Saheb, there is no doubt that the present sword designed by you for my Grandfather’s army is superior . However, let us test this new design in our barracks.If they pass the tests, we will deploy them in the battle field . If the ideas pass the test, we can save atleast Rs. Ten Lakhs this year, thus serving the purpose of cost reduction. There is an advantage also. I do not have to increase the tax.

Birbal! I wonder how you developed these ideas! Is there a systematic way by which others can also be trained to generate such ideas. Yes, your Majesty. With the help of Functional Analysis System Technique(FAST) any body can generate such ideas. FAST is a powerful tool used in Value Engineering (VE) which is an extremely effective system to improve products and services for cost and productivity improvement. If six ideas for the sword itself can save Rs. Ten lakhs , imagine how much money we can save on other weapons like spears, arrows and cannons etc.

Birbal! There are four divisions in my army – Infantry, Cavalry,Artillery and Elephant brigade. I want you to teach the engineers in each of these divisions the application of Value Engineering (VE), especially the Functional Analysis System Technique(FAST). Each division should release Armoury Change Requests (ACRs) for the worth of Rs.25 lakh. Yes, your Majesty.

- Emperor Akbar calls a meeting of his court to address rising material costs for weapons that is straining the budget without raising taxes. - Birbal presents 6 ideas to redesign the sword hilt using techniques like part reduction, commonization, benchmarking, alternate materials, weight reduction, and yield improvement to lower the material cost by at least Rs. 20 without compromising function. - Birbal convinces the Emperor to test the new design in barracks before deploying, which could save Rs. 10 lakhs, addressing the budget issue without raising taxes.

cost reductionJanak Shah

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- Emperor Akbar calls a meeting of his court to address rising material costs that are threatening the budget for expanding the army by 50,000 soldiers without raising taxes. - Birbal presents 6 ideas for redesigning the sword hilt using techniques like part reduction, commonization, benchmarking, alternative materials, weight reduction, and yield improvement that could save at least Rs. 20 per sword and Rs. 10 lakhs total. - Akbar approves testing the new designs and tasks Birbal with teaching value engineering techniques like FAST to engineers in the army to identify cost-saving redesigns across weapons.

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Value Engineering by BirbalAmitabha Ghosh

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Emperor Akbar calls an important meeting of the noble men at his court to discuss the rising material costs for swords. Birbal presents six ideas to reduce the cost of making a sword by at least Rs. 20 without compromising quality, including reducing part counts, using common parts from daggers, benchmarking designs from other armies, switching to a cheaper alloy steel material for the sheath, reducing sheet thickness to save material, and improving blade yield from the die. The Emperor is impressed with the systematic approach and wants the Value Engineering technique of Functional Analysis System deployed across the divisions of the army.

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Value engineering is a systematic approach to identifying unnecessary costs in construction projects. It was developed in the 1940s by Lawrence Miles at General Electric to address costs during wartime shortages. The value engineering process involves multi-disciplinary teams analyzing the functions of a project and finding alternative ways to achieve those functions at a lower overall cost. Value engineering studies typically identify ways to save 5-10% of total project costs through eliminating unnecessary expenses without compromising quality, utility or lifespan. The goal is not just reducing item costs but determining the worth of basic functions and setting target costs to find more cost-effective design alternatives.

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Emperor Akbar calls a meeting of noble men to address rising material costs for the army without raising taxes. Birbal presents six ideas to reduce the cost of making swords by at least Rs. 20 using value engineering techniques. The ideas include reducing parts, standardizing parts between weapons, benchmarking designs from other armies, substituting cheaper materials, reducing thickness, and improving manufacturing yields. Akbar is impressed and asks Birbal to teach value engineering methods to engineers in the army's four divisions to find more cost-saving ideas for weapons.

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Presentation on Value Engineering!!

1. Welcome to the court of Emperor Jalaluddin Muhammad Akbar

2. Noble men! There is a very important matter before the court today. The raw material price is shooting up. The material cost of a sword has gone up by Rs.10 . And …. We are adding 50,000 soldiers to our army this year. I want to handle this situation without increasing the taxes. Please give your valuable suggestions as to how we should face this situation.

3. Why everyone’s quiet? Birbal! I am surprised that you too have become silent!! Your Majesty, I have six ideas which can reduce the cost of a sword by atleast Rs.20 without compromising the function al requirements. Brilliant!. Tell us those ideas. !? !! ??

4. Presently, the hilt has 7 parts. The proposed design will have 4 . Part Count Reduction 1. Parts Reduction Existing Design 7 parts New Idea 4 parts

5. For the new hilt, instead of designing exclusive rivets, we can use the rivets of daggers. Part Commonisation x 2. Parts Standardization

6. When the Shah of Persia was our Guest last month , I observed that the hilt in his sword does not have a curved portion. We can design similar hilts for our experienced soldiers. Benchmarking 3. Benchmarking New Idea Existing Design Curved portion

7. Alternate Material The sheath which houses the blade is made of copper now. We can switch over to Alloy steel which is cheaper. 4. Alternative Material Blade Sheath Copper Steel

8. Weight Reduction Since alloy steel is stronger than copper, we can reduce the thickness by 0.5 mm which will save material 5. Weight Reduction Blade Sheath 2 mm 1.5 mm

9. Yield Improvement The curved blade design is yielding only 2 pieces per die. If a straight blade is designed, we can extract 3 pieces per die. 6. Yield Improvement 2 Blades 3 Blades

10. Your majesty. The present design is being used since the time of Babur without any failure. We should not risk any design change. Saheb, there is no doubt that the present sword designed by you for my Grandfather’s army is superior . However, let us test this new design in our barracks.If they pass the tests, we will deploy them in the battle field . If the ideas pass the test, we can save atleast Rs. Ten Lakhs this year, thus serving the purpose of cost reduction. There is an advantage also. I do not have to increase the tax.

11. Birbal! I wonder how you developed these ideas! Is there a systematic way by which others can also be trained to generate such ideas. Yes, your Majesty. With the help of Functional Analysis System Technique(FAST) any body can generate such ideas. FAST is a powerful tool used in Value Engineering (VE) which is an extremely effective system to improve products and services for cost and productivity improvement. If six ideas for the sword itself can save Rs. Ten lakhs , imagine how much money we can save on other weapons like spears, arrows and cannons etc.

12. Birbal! There are four divisions in my army – Infantry, Cavalry,Artillery and Elephant brigade. I want you to teach the engineers in each of these divisions the application of Value Engineering (VE), especially the Functional Analysis System Technique(FAST). Each division should release Armoury Change Requests (ACRs) for the worth of Rs.25 lakh. Yes, your Majesty.

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Presentation on Value Engineering!!

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