Value analysis for cost and potential optimisation

Value Analysis for the Optimisation of Products and Systems

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.

Your benefits at a glance:

Finding the right solution together

Your personal contact at Mechatronic Consulting will be happy to advise you on your specific enquiry.

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Jörn Linke

ITQ Branch Manager, North Rhine-Westphalia

„Only a systematic assessment of functions and costs reveals where the real potential for optimisation lies.“

Systematic optimisation of technical systems

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.

Inefficient functions and cost structures in products

Typical challenges within a company:

Only a systematic analysis of functions and costs can enable the sustainable optimisation of technical systems.

Value analysis services

ITQ supports companies in carrying out structured value analyses – from functional analysis through to the development of economically optimised and functionally appropriate solutions.

An overview of our services

Methodological expertise

Procedure for value analysis projects

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.

Project phases

Analysis of the system

Analysis of the existing product structure and the technical and economic framework conditions.

Functional analysis

Identification and description of the functions of components and systems.

Assessment of costs and benefits

Analysis of the relationship between functional benefits and the resulting costs.

Development of functio&shynally suitable and cost-effective alternatives

Development of concepts for the more efficient implementation of functions and function groups.

Implemen&shytation and optimisation

Integration of the identified improvements into existing products or development processes.

Value Analysis in Practice

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Sector: Logistics, Mechanical Engineering

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Further ITQ solutions

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.

FAQs – Value Analysis

What is value analysis?
Value analysis is a structured method for examining product functions with the aim of optimising their benefits in relation to the costs incurred.
The aim is to perform functions more efficiently, reduce costs and, at the same time, improve technical quality and functionality.
Typically for existing products, in product development or in cost optimisation projects.
Value analysis comprises functional analysis, the assessment of costs and benefits, and the development of alternative solutions.
Unclear cost structures, inefficient processes and a lack of transparency in complex products.
ITQ carries out structured functional analyses, assesses cost-benefit ratios and works with customers to develop optimised solutions for products and systems.