ITQ supports companies in the systematic optimisation of products, machinery and technical systems through value analysis. Particularly in the case of complex technical solutions, opportunities to improve cost structure, functionality and manufacturability often arise during the course of development.
Value analysis is a structured method for systematically examining a product’s functions and evaluating their benefits in relation to the costs incurred. The aim is to fulfil these functions efficiently and in line with requirements, thereby making the most of economic potential.
An interdisciplinary approach, in which technical, functional and economic aspects are considered together, is crucial in this context. This enables sustainable improvements to be made to products and systems.
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ITQ Branch Manager, North Rhine-Westphalia
„Only a systematic assessment of functions and costs reveals where the real potential for optimisation lies.“
In the development of machinery and plant, functionality, quality and cost-effectiveness must all be given equal consideration. In many companies, complex products give rise to unclear cost structures, over-engineered functions or inefficient solutions. This is precisely where value analysis comes in: functions are systematically analysed, their benefits assessed and targeted alternative solutions developed. This makes it possible to reduce costs whilst simultaneously meeting technical requirements.
Typical challenges within a company:
Only a systematic analysis of functions and costs can enable the sustainable optimisation of technical systems.
ITQ supports companies in carrying out structured value analyses – from functional analysis through to the development of economically optimised and functionally appropriate solutions.
Conducting a value analysis requires a structured approach. ITQ uses established methods to analyse functions, costs and system structures transparently and to identify opportunities for optimisation.
Analysis of the existing product structure and the technical and economic framework conditions.
Identification and description of the functions of components and systems.
Analysis of the relationship between functional benefits and the resulting costs.
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The services described form part of ITQ’s comprehensive service portfolio. ITQ combines technological expertise, a methodical approach and a deep understanding of processes to deliver sustainable solutions throughout the entire life cycle.