Cost & Value Engineering

Cost & Value Engineering

Providing detailed analysis to identify the optimal approach to source, manufacture and design in innovation and sustainability while reducing cost. 

Siemens Advanta drives cost transformation through industry-leading cost and value engineering (CVE). We support you to establish baselines, qualify savings, and close cost gaps using a structured process. Our comprehensive CVE toolbox, including VAVE, design to cost, and lifecycle costing, ensures sustainable cost reduction and significant value creation across your operations. 

  • Implement structured cost transformation: we support you through a structured process to establish cost baselines, qualify potential savings, and effectively close cost gaps 
  • Leverage comprehensive CVE toolbox: we apply a wide range of cost and value engineering tools, including VAVE, design to cost, and lifecycle costing, to identify optimization opportunities 
  • Drive sustainable value creation: we help you achieve significant and sustainable cost reduction, ensuring long-term value creation across your entire operation

 

What we can do for you
  • Significant product cost reduction: achieve a 10% to 30% reduction in product costs 
  • Accelerated time-to-market: bring new product introductions (NPI) to market 20% to 40% faster 
  • Enhanced cost visibility: gain up to 5 times greater cost visibility through "should cost" transparency 
Benefits

Our industry leaders

Please reach out to our experts for more information.
Phil Newnham
Phil Newnham
Cost & Value Engineering Global
Uday Senapati
Uday Senapati
Automotive Global Partner
Sheena Patel
Sheena Patel
Automotive Global
Martin Pochopien
Martin Pochopien
Automotive Global