McGill University credits General Electric with developing value analysis, also known as value engineering, as a practice during the late 1940s. Value analysis is a methodical approach to sharpening ...

Value engineering is defined by the Chartered Institute of Management Accountants as the functional analysis and redesign of products and services to provide value to the customer. Value engineering ...

Kristina Zucchi is an investment analyst and financial writer with 15+ years of experience managing portfolios and conducting equity research. Charlene Rhinehart is a CPA , CFE, chair of an Illinois ...

With the accelerating cost of manufacturing and the consumer's desire for a new or better product, more need is placed on the department or subsystems within an organization to minimize individual ...

How do you stand out against overwhelming competition? You need an edge; a value proposition isn’t enough on its own. You need to make sure you’re out-competing the competition by keeping costs down ...

Completing construction projects on time and within budget can seem like a daunting task. With additional pressures like fluctuating material costs, skilled labor availability and operational costs, ...