Valorie Hendrix

How are organizations able to overcome the need to quickly adapt to customer demands in functionality, price, esthetics, and quality? As you will find out in reading this Streamlining Function and Value: How to Reduce Cost & Deliver Exceptional Value, you will explore the necessary steps in making a product your customer desires at a designed price point that will make higher than average profits margins while still being competitive in the market.
There is a functionality ratio for any… Show more

How are organizations able to overcome the need to quickly adapt to customer demands in functionality, price, esthetics, and quality? As you will find out in reading this Streamlining Function and Value: How to Reduce Cost & Deliver Exceptional Value, you will explore the necessary steps in making a product your customer desires at a designed price point that will make higher than average profits margins while still being competitive in the market.
There is a functionality ratio for any expense. It is important to assess the value, utility, and significance of a product. Organizations want to put out a competitively priced product that has an above-average profit margin for their industry. Regardless of the reality that the competition rate is on the rise, every consumer need value, a shareholder in the organization want value to be delivered.
As the economy is always changing, organizations are challenged with the demand to keep up with market demand for price and value. It is not just the challenge of a specific price point or the function of a product, organizations should also be challenged with technological changes, inflation, and scarcity of raw materials. How does an organization handle these challenges while still delivering exceptional value?
The solution to these problems is the study of value and the engineering of functions to cost. Streamlining Function and Value: How to Reduce Cost & Deliver Exceptional Value offers clarity on value, the cost-value balancing process, and a methodology for considering cost-effectiveness. If you have been wandering through the labyrinth, you have found a way out, you finally see the light and find a balance. Value Analysis and Value Engineering is a validated and trusted systemic and analytical methodology. Holding on to this fortune, you should already consider moving forward. Show less