Purchasing - November 20, 2003
Features
Value Analysis makes a comeback
Don't look now, but an old discipline (value analysis/value engineering) is on the comeback trail. Spurred on by a growing number of corporate cost reduction programs, many purchasing departments are responding by reaching back to a discipline that went into decline in the mid 1990s. Caught in a demand by executive management to cut costs radically, many procurement executives and supply manage...
Don't look now, but an old discipline (value analysis/value engineering) is on the comeback trail. Spurred on by a growing number of corporate cost reduction programs, many purchasing departments are responding by reaching back to a discipline that went into decline in the mid 1990s. Caught in a demand by executive management to cut costs radically, many procurement executives and supply manage...
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