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Value Engineering (VE) Services

In value engineering, designed building features, systems, equipment, and material selections are analyzed to achieve essential functions at the lowest possible cost. At the same time, required performance, quality, reliability, and safety are maintained.

Rheomold is known to provide high-quality, expert value engineering services leveraging its eco-system of manufacturers and test facilities. The simple yet effective process followed by our team to deliver value analysis and value engineering services that helps in identifying various design constraints, facilitates a better understanding of design variables, manufacturing constraints and determines areas that can be improved considerably. Rheomold also provides value analysis services at budget-friendly prices.

Value Engineering

Our Services Include

Value Engineering at Rheomold includes the following services

Design Optimization

Before implementing a design, it should be optimized to make the implementation more efficient. The goal of optimization is to reduce costs in terms of time, space, and other variables. While the analysis model captures logical information about the system, the design model provides details that facilitate efficient information access.
To ensure that the design team is solving the correct set of problems for the business, it is crucial to clarify the success metrics for the design. By using optimization techniques, the issue is brought into sharp focus, and the sometimes difficult task of ensuring that sensitive areas of the problem receive full attention is completed.

Warranty Cost Reduction

Warranty cost reduction is a crucial factor in the automotive industry. When a product fails, the company performs minimum repair necessary to restore it to working condition. Warranty processes and costs are dynamic. Sticking to strategies for containing costs is a real challenge. Warranty costs can be the bane of automotive product design company in India. Manual processes are time consuming and manpower intensive. Both keep the costs increasing. Therefore we provide warranty cost reduction services with the help of our experienced engineers to assist industries in increasing the efficiency of warranty management and handle complex administrative tasks.

Teardown and Benchmarking

Teardown is essential for understanding the design strategy, material usage, manufacturing, and complicity comparison of your existing product. Teardown process consists of 5 processes — inspection, weight analysis, dismantling, level 1 teardown, level 2 teardown, — through which the entire overview of the product design is analyzed. With the help of Teardown automation, we capture a large number of teardown parameters in a cost-effective manner.
Benchmarking offers organizations a competitive advantage in adapting to change, growing, and thriving in the process. Benchmarking is the process of measuring key business metrics and practices and comparing them across business areas or with competitors, peers, or other companies around the world to identify how and where an organization can improve. We offer excellent benchmarking services to industries to effectively utilize cost, minimize the risks, and improve the service.

Product Localization

Localization means to modify a product or service in such a way that it meets the needs of a particular language, culture or demographics. Product Localization follows a set of procedures to make the product or service comply with the statutory requirements and meet the expectations of new markets. We assist our customers in streamlining the process early in the development process. Our leading design localization techniques and strategic partners enable clients to expand their reach to different parts of the world and find new ways to localize their products.

Should Costing and Sourcing Support

Should-Cost Modeling provides a structured analysis of the estimated price of a product or service that you create after taking into consideration all material costs, labor costs, overhead costs, and profit margins. Should-cost analysis is a powerful approach to estimating costs that helps professionals supply credible evidence to suppliers as part of negotiations in order to achieve an estimated final price that is closer to their target price. Rheomold follows a thorough approach for cost breakdown by collecting valuable data, expand cost upon the components such as key cost drivers, materials, labor, conversion costs, overheads, logistics and profits, determining the cost drivers and finally developing the cost insights.