Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell

This paper intends to explore the adoption of Value Engineering (VE) as a value creation tool within Malaysian automotive organizations. VE relates to a systematic and multi-disciplinary team approach adopted by organizations which analyze the functional requirements of new and existing products, p...

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Main Authors: Ramli, Aliza, Sulaiman, Suzana, Falconer, Mitchell
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2012
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/30661/
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author Ramli, Aliza
Sulaiman, Suzana
Falconer, Mitchell
author_facet Ramli, Aliza
Sulaiman, Suzana
Falconer, Mitchell
author_sort Ramli, Aliza
building UiTM Institutional Repository
collection Online Access
description This paper intends to explore the adoption of Value Engineering (VE) as a value creation tool within Malaysian automotive organizations. VE relates to a systematic and multi-disciplinary team approach adopted by organizations which analyze the functional requirements of new and existing products, projects or services. The aim is to achieve the essential function at the lowest overall cost while maintaining customers’ optimum value assurance. Dual research methods comprising of case study and survey were adopted in this study. The survey findings were able to confirm and extend the case study findings. The findings indicate that VE is a common and routine activity within the automotive industry. Further, the stage model adopted in this study provides the understanding of VE innovation by confirming that the identified stages do exist and by indicating the contingencies, it determines whether the stages of adoption happen in a predictable order.
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spelling uitm-306612020-06-03T03:54:40Z https://ir.uitm.edu.my/id/eprint/30661/ Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell mar Ramli, Aliza Sulaiman, Suzana Falconer, Mitchell Automobile industry and trade Malaysia This paper intends to explore the adoption of Value Engineering (VE) as a value creation tool within Malaysian automotive organizations. VE relates to a systematic and multi-disciplinary team approach adopted by organizations which analyze the functional requirements of new and existing products, projects or services. The aim is to achieve the essential function at the lowest overall cost while maintaining customers’ optimum value assurance. Dual research methods comprising of case study and survey were adopted in this study. The survey findings were able to confirm and extend the case study findings. The findings indicate that VE is a common and routine activity within the automotive industry. Further, the stage model adopted in this study provides the understanding of VE innovation by confirming that the identified stages do exist and by indicating the contingencies, it determines whether the stages of adoption happen in a predictable order. Universiti Teknologi MARA Cawangan Selangor 2012-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/30661/1/AJ_ALIZA%20RAMLI%20MAR%20B%2012.pdf Ramli, Aliza and Sulaiman, Suzana and Falconer, Mitchell (2012) Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell. (2012) Management & Accounting Review <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review.html>, 11 (2). pp. 1-29. ISSN 1675-4077 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/210
spellingShingle Automobile industry and trade
Malaysia
Ramli, Aliza
Sulaiman, Suzana
Falconer, Mitchell
Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell
title Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell
title_full Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell
title_fullStr Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell
title_full_unstemmed Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell
title_short Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell
title_sort value engineering for value creation in the automotive industry / aliza ramli, suzana sulaiman and falconer mitchell
topic Automobile industry and trade
Malaysia
url https://ir.uitm.edu.my/id/eprint/30661/
https://ir.uitm.edu.my/id/eprint/30661/