1. Enhancing Value of Slit Housing
using Value Engineering –
A Case Study
Anurag Tewari
M.Tech [I&PE]

2. Introduce the product
 In this presentation we have discussed a part of the company Labotron India
Pvt. Ltd. located in Ambala which produces medical instruments.
 The part considered is Slit Housing on which the value engineering job plan is
applied.
 Product selected is Slit Housing which is used as a component in assembly of
microscope in the field of eye inspection at moisture free environment.

3. The steps used for this purpose are as follows:
 Product selection plan
 Gather information of product
 Functional analysis
 Creativity worksheet
 Evaluation sheet
 Cost analysis
 Result

4. Product information

5. Functional analysis of present function

6. Develop alternative Design or Methods
During brainstorming these ideas were listed:-
i. Change material
ii. Change design
iii. Use ASB plastics
iv. Change the process
v. Make product through casting

7. Evaluation phase
For judging the ideas, the following designs were considered:
A: Ease of operation
B: Durability
C: Maintainability
D: Safety
E: Reliability

8. Comparing this criteria according to relative importance :

10. Cost analysis

11. Result
The total savings after the implementation of value engineering are given below:-
 Total Existing Cost – Rs 155.8/-
 Total Proposed Cost –Rs 98.48/-
 Saving per product – Rs 57.32/-
 Percentage saving per product –36.79%
 Annual Demand of the product – 10,000
 Total Annual Saving – Rs 5,73,200/-
 Value Improvement - 58.20%

12. Three goals that we’re looking at value engineering:
1. Identify additional functions that aren’t attractive to customers.
2. Add attractive functions for customers.
3. Saving because of the elimination of redundant functions.