Design For Value – Four Part Online Training Series
October 21 @ 10:00 am - November 11 @ 12:00 pm EDT
The virtual training will be four 2-hour sessions on Wednesday for four weeks.
Understand the fundamentals of Value Engineering and Design for Manufacture and Assembly (DFMA®) and how these “best practices” can drive significant improvements to your products’ costs, quality, and competitiveness
In our personal and professional lives, we are all “value” oriented … consciously or unconsciously, value drives many of our behaviors and decisions. Value to the customer and the company, defined as the performance and delivery of key system functions in comparison to the cost associated with those functions, can be maximize by offering elegant, innovative solutions at lower costs. Value Engineering techniques, first developed in the 1950’s, enable the understanding and structure of those system functions and the quantification of market segment value profiles. This in turn enables superior strategic planning, innovation, and decision making.
Design for Manufacture and Assembly (DFMA®) Product Simplification & Costing
For decades, it’s been understood that decisions made during the Concept Stage of product development lock in a product’s cost structure and that the application of product development “best practices” significantly improves those decisions resulting in lower life cycle costs, improved quality & reliability, and faster time-to-market (aka value improvement). Top among those “best practices” is DFMA®.
DFMA® Product Simplification & Costing reduces life cycle costs by focusing on FUNCTION.
- By focusing on the functional requirements of the product, not just the parts, DFMA leads to more elegant product designs with significantly fewer parts
- “The most reliable part is the one that’s not there” … DFMA leads to product designs with inherently superior quality and performance parameters
- For every part removed from the design, that’s one fewer part that requires tolerance analysis, tooling, supplier, jigs/fixtures, stocking location, inspection plan, service part plan, etc.
DFMA® enables companies to “lean” the design before they “lean” the value stream. This improves competitiveness and mitigates supply chain risks by incorporating part manufacturing, assembly, and other life cycle considerations early in product development.
By attending this training, participants will understand:
- the definition of value and how to quantify it
- how to define and structure key system functions
- how to use value data to drive project and business improvement
- how to simplify designs by minimizing part count
- how DFMA® Product Simplification & Costing improves value by enabling data-driven design decisions and supply chain transparency
- History of the Value Engineering methodology and DFMA® Product Simplification & Costing
- Definition of value and the value study process
- Function Analysis … how to define and structure functions
- Value Measurement … techniques to quantify value and identify improvement opportunities
- DFA Simplification … the process, minimum part criteria, and sample analysis
- DFM Product Costing … the process and sample analysis
Who should attend:
- Executives responsible for product portfolios, technology development, operations P&L, program management, product development, “design to cost”, and the like
- Technology development, program management, and product development professionals
- Lean Six Sigma and other business improvement professionals
- Operations executives, managers, and engineers
- Procurement/Supply Chain executives, managers, and engineers
Chris Tsai, BSME, MSMfgE, LSSBB, AVS, Director, DFMA® Implementation Services at Boothroyd Dewhurst, Inc.
Chris got his start with Value Engineering and DFMA® at the Eastman Kodak Company in the early 1990’s. He is a certified Lean Six Sigma Black Belt (DMAIC and DFLSS) and SAVE International® certified Associate Value Specialist (AVS). Chris has helped implement DFMA® in a wide range of industries throughout the US and overseas resulting in identified savings well into the hundreds of millions of dollars.