In a recent study, FEV Consulting demonstrates pragmatic approaches to effective Cost and Value Engineering
How is cost and value engineering currently being incorporated into the automotive industry, as well as into mechanical engineering and plant construction? How far have these processes advanced? What are the prerequisites and success factors for effective cost reduction measures? Answers to these questions and more can be found in the market study recently conducted by FEV Consulting, which can be requested free of cost at www.smartcostreduction.de.
“Companies can no longer afford the additional cost of over-engineering when faced with global competition and increasing cost pressure from clients,” says Christian Speuser, Principal at FEV Consulting. “Interdisciplinary and holistic Cost and Value Engineering processes are key to successfully fulfilling client requirements through a target-oriented approach with minimal costs.
With “Smart Cost Reduction” as a guiding principle, FEV Consulting offers a unique portfolio of advisory services on how to achieve substantial and sustainable reduction of product costs. “Our recent market study demonstrates the main features of best practice organization in Cost and Value Engineering, and serves as a foundation for reorientation and optimization of existing organizations,” says Speuser.
