New products in the market over a period of time, eventually lose their market position, as competitor products with lower prices or more features are introduced. With this reality, product managers must find ways, like lowering prices or improving quality to maintain their market share
Value Engineering enables reduced product costs in an optimal, design-conscious way that preserves the quality while sustaining the functionality and features of the product.
Modifying your engineering processes and functionality to optimize cost should not distract you from the products produced; rather, it should complement your internal functions to raise value.
We at Changepond follow a Multi-dimensional approach to solving cost and value challenges.
Our approach can help you to optimize: