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Altran Engineering Solutions Value Analysis and Value Engineering Expertise

A global leader in the elevator and escalator industry achieves optimisation of inventory and reduction of cost by drawing on Altran Engineering Solutions Value Analysis and Value Engineering expertise.
Scenario

With rapidly changing technologies and innovation reigning supreme in today’s world, companies are looking at shrinking the size of their products and services but maintaining a higher value proposition and lower cost to the consumer. Flexible and versatile solutions that embrace innovation are in demand.
Our client wanted a shift in their mechanical design that was thirty years old which was affecting the cost of production due to rising material costs and older technology. Reduction in weight of the component and costs were the key objectives of the client.
How We Engineered Solutions

Altran Engineering Solutions deployed its team of experts to perform a preliminary analysis to understand the strength of the components and fatigue requirements. 3D CAD models were developed from the existing mechanical components. Our Value Analysis/ Value Engineering teams sought to redesign the components, preserve the functional value and reduce the cost of manufacturing. The reliability and robustness of the existing model was maintained while redesigning the structure.

The systematic, structured approach followed by Altran Engineering Solutions helped the client in accomplishing their objectives.

Benefits

  • Reduction in the weight of the component by almost 70%
  • Reduction in cost of the component by 40%
  • Reduced process time of manufacturing
  • Optimised inventory and maintenance levels
  • Complexity of operations reduced significantly

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Altran Engineering Solutions Value Analysis and Value Engineering Expertise

A global leader in the elevator and escalator industry achieves optimisation of inventory and reduction of cost by drawing on Altran Engineering Solutions Value Analysis and Value Engineering expertise. Scenario

With rapidly changing technologies and innovation reigning supreme in today’s world, companies are looking at shrinking the size of their products and services but maintaining a higher value proposition and lower cost to the consumer. Flexible and versatile solutions that embrace innovation are in demand. Our client wanted a shift in their mechanical design that was thirty years old which was affecting the cost of production due to rising material costs and older technology. Reduction in weight of the component and costs were the key objectives of the client. How We Engineered Solutions

Altran Engineering Solutions deployed its team of experts to perform a preliminary analysis to understand the strength of the components and fatigue requirements. 3D CAD models were developed from the existing mechanical components. Our Value Analysis/ Value Engineering teams sought to redesign the components, preserve the functional value and reduce the cost of manufacturing. The reliability and robustness of the existing model was maintained while redesigning the structure.

The systematic, structured approach followed by Altran Engineering Solutions helped the client in accomplishing their objectives.

Benefits

  • Reduction in the weight of the component by almost 70%
  • Reduction in cost of the component by 40%
  • Reduced process time of manufacturing
  • Optimised inventory and maintenance levels
  • Complexity of operations reduced significantly