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Tag: value analysis

Focus on the Right Things by Using Value Analysis

July 11, 2019 Boost Profits Admin

The future success of your value analysis program depends on FOCUS. When you focus on doing a few things exceptionally…

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Posted in: Value Analysis Filed under: focus, savings, value analysis, value analysis program

If You Have Limited Time for Value Analysis – Use It Wisely

Boost Profits Admin

Benjamin Franklin once said, “If we take care of the minutes, the years will take care of themselves.” If you…

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Posted in: Value Analysis Filed under: project, technique, time management, value analysis, value analysis studies

Imitate-and-Improve Strategy: A Value Analysis Imperative

Boost Profits Admin

Bestselling author Tom Peters tells us that, “Stealing from the best with pride,” is one of the best strategies we…

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Posted in: Value Analysis Filed under: best value, cost, innovation, LEAN, purchasing, strategy, value analysis

Mastering These Three Disciplines Will Start You on Your Quest for a Sustainable Value Analysis Program

Boost Profits Admin

I frequently hear from CEOs, CFOs, and cost managers that tell me that their value analysis program has “run out…

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Posted in: Value Analysis Filed under: cost, functional model, strategies, success, value analysis, value analysis program

Our #1 Enemy is Cost – So Stay on the Attack

Boost Profits Admin

“Management tends to take the smallest bite out of the cost apple,” says Jack Welch, as opposed to cost being…

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Posted in: Cost Management Filed under: activity-based labor management system, benchmarking, cost, cost-cutting, costs, cut costs, low-cost, savings, value analysis

Reduce Your Internal Customers’ Fear of Change With the “Circle of Confluence” Strategy

Boost Profits Admin

Push or pull your internal customers in the direction of change and they’ll probably resist. Embrace them instead and you’ll…

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Posted in: Value Analysis Filed under: circle of confluence, control costs, costs, strategy, value analysis

Slash Your Capital Purchases by 25% or More Annually

Boost Profits Admin

Without a rigorous value justification process, organizations purchase millions of dollars of capital equipment (new and used) annually to replace…

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Posted in: Cost Management Filed under: capital, capital equipment, capital expenditure, capital purchases, savings, value analysis

The Key to Supply Chain Success Is Value Analysis

Boost Profits Admin

We are all searching for the “magic bullet” to make our supply chains faster, better, and more user friendly by…

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Posted in: Value Analysis Filed under: control, method, strategies, success, supply chain, supply expenses, value analysis

Value Analysis: What Really Works!

Boost Profits Admin

Over the last three decades we have studied the best value analysis strategies, tactics, and techniques that leading-edge organizations have…

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Posted in: Value Analysis Filed under: benchmarking, improve quality, reduce costs, savings, value analysis, value analysis program, value analysis strategies

Value Analysis Is a Discipline

Boost Profits Admin

A discipline is a universally accepted system of instructions, rules, regulations, and learning that together form a defined body of…

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Posted in: Value Analysis Filed under: costs, expenses, savings, standardization, supply chain, value analysis, value analysis programs, vendor contracts

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