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Sukanta Maiti October 9, 2023October 9, 2023 0 Comments industrial engineering, system analysis, value analysis

What is Value Analysis? |Process, Example, Benefits, Applications

Value analysis, also known as Value Engineering, is a systematic and structured approach that organizations use to improve the value of their products, services, or processes. This powerful tool enables businesses to identify and eliminate inefficiencies, reduce costs, enhance quality, and drive innovation.

Industrial engineering

Sukanta Maiti September 28, 2023October 3, 2023 0 Comments industrial engineering, process, steps in system analysis, system, system analysis

What is System Analysis? |Key Concepts, Types, Steps

At its core, system analysis is like dissecting a puzzle to understand how each piece fits together. It’s the systematic process of examining a system, be it a computer program, a manufacturing process, or even a traffic management system, to comprehend its inner workings and identify areas where improvements can be made.