value engineering Archives | �ۿ۴�ý

�ۿ۴�ý has been Awarded Asset Life Cycle Management Contract from a global leader in coal mining

�ۿ۴�ý — Thu, 18 Jul 2019 10:24:50 +0000

Portsmouth, NH July 18, 2019 –�ۿ۴�ý was awarded a contract for Asset life cycle management by a global leader in coal mining. �ۿ۴�ý will develop the model for an effective maintenance program and will provide a complete strategy for condition-monitoring, predictive maintenance, time-based preventive tasks, spares inventory management and everything that forms a complete Maintenance and Reliability strategy.

The client is a stand-alone, metallurgical coal producer based in North America. Their surface mine operations produces over 10 million tonnes annually. The client has a great reputation amongst the global steelmaking sector for the highest quality metallurgical coals. The client is known for hard coking coals used by steel producers and coke makers worldwide.

The objectives of this engagement are:

To develop a (RCM)Strategy using FMECA techniques for improving the OEE of the assets with a focus on improving and sustaining maintenance and reliability; that follows the client’s Maintenance and Reliability Philosophy and Asset Lifecycle process.
To engage operations, maintenance, and engineering teams in collaboration and to establish focus client’s resources to do the right work, on the right equipment, at the right time, based on criticality and importance to business objectives.
Ensure utmost plant reliability and asset availability
To provide training for employees focusing on Best Practices in Maintenance and Reliability

�ۿ۴�ý’s comprehensive solution will provide the client with:

Pre-work, Planning & Training: Defining standards for all the data collected from various sources and plant locations.Identify key stakeholders and determine their roles and responsibilities.Provide maintenance and reliability awareness sessions and conduct training on Reliability processes and techniques for key stakeholders in plant operations and asset management.
Master Equipment List (MEL): Review the existing master list and develop a classification system and data standard for all equipment. �ۿ۴�ý will provide a List of Values, along with creating specification sheets/templates and generate Damage Codes and the resultant hierarchy for all equipment.
Asset Criticality Ranking: �ۿ۴�ý will incorporate the corporate criticality standards and develop a Criticality Ranking methodology and ranking criteria for all equipment across multiple plant locations.
Bill of Material Development: Create “Planner BOMs” for all of the equipment to ensure proper work planning and validate the current BOMs assigned to the equipment and add/remove parts as required.
Material Master Harmonization: �ۿ۴�ý will review, standardize, enhance, and update material master data standards; to properly define a material master record for both OEM and MRO parts.
Material Stocking Strategy: �ۿ۴�ý will design a comprehensive methodology by adopting the best tools to evaluate and provide risk-based stocking level recommendations for all items on BOMs developed.
Maintenance & : �ۿ۴�ý will facilitate the development of Reliability Strategies for all plant assets using a combination of RCM, FMECA and templating RCM methodologies to determine the appropriate maintenance tasks. Also, identify regulatory requirements for all assets including Mechanical Integrity Requirements, Safety Instrumented Systems, and Interlocks.
PMs and Work Instructions: �ۿ۴�ý will validate existing maintenance tasks and develop proactive tasks based on the results of the Reliability Strategy Development. This activity is followed by establishing proper task sequencing to edit, delete or create Maintenance Plans, Maintenance Items, and Tasks lists.

Kiran Sivadas, EVP, �ۿ۴�ý said, “Asset Lifecycle management in an asset-intensive industry has always been a challenging task. Our plan is to ensure effective assistance to the client in enhancing plant reliability and asset availability. We are helping the client to co-create reliable plant operations, asset availability and derive the maximum ROI from their CMMS Systems.

About �ۿ۴�ý:

�ۿ۴�ý Engineering (enventure.com) is a privately-held, ISO 9001:2015 & ISO 27001:2013 certified Engineering and Supply Chain Solutions company, with full-fledged delivery centers in India. �ۿ۴�ý has been serving clients in North America and Europe since 1997 and is today a preferred supplier of engineering and master data management services to Fortune 500 companies, across different industry verticals such as Hi-tech Electronics, Oil & Gas, Water Treatment, Automotive and Industrial Manufacturing. �ۿ۴�ý provides a wide variety of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Master Data Management, MRO Data Services, Component Engineering, Environmental Compliance Support and Product Design.

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�ۿ۴�ý Acquires A New Customer – A Leading HVAC Company In The US

�ۿ۴�ý — Tue, 29 May 2018 08:07:03 +0000

�ۿ۴�ý has announced that it signed a contract for with a manufacturer of niche HVAC products. �ۿ۴�ý will provide Engineering support for NPD, Option Incorporation, Sustenance Engineering, Value Engineering, Design and Drafting. SolidWorks & AutoCAD will be used to perform the design & development activities.

The Client is a niche manufacturer of HVAC Fan Coil Units, Horizontal Classroom Unit Ventilators (including packaged DX) and Critical Environmental Air Handlers. The customer is one of the few manufacturers of traditional under window type Classroom Unit Ventilators, but with modern upgrades such as packaged DX. The integral DX units provide an energy efficient means for maintaining excellent room conditions. The Client also has unique product in the form of horizontal air handling unit designed specifically for the healthcare industry where high static and HEPA filtration is required.

�ۿ۴�ý has been selected by the client for its global delivery capabilities, proven domain experience and its innovation-led approach. The extensive talent pool of HVAC Design Engineers will strengthen the client’s ability to be competitive in pricing and time to market.

“We believe that our process maturity and talent pool will provide an extra edge in delivering quality output. We have been continuously successful in providing product design services for many similar clients” says, Girish Shetty, Head of Engineering Services, �ۿ۴�ý.

About �ۿ۴�ý:

�ۿ۴�ý () is a privately-held, ISO 9001-2015 & ISO 27001-2013 certified Engineering and Master Data Management Services company, with full-fledged delivery center in India. �ۿ۴�ý has been serving clients across the globe since 1997. Today, a preferred supplier of Engineering and Master Data Management services to companies ranging from Startups to Fortune 500, across various industry verticals such as Hi-tech Electronics, Construction, Automobile, Medical, Power & Water, Oil & Gas, and Industrial Manufacturing. �ۿ۴�ý provides a wide array of services to Clients, in areas such as Plant Design Engineering, Building Engineering, Product Design, Technical Documentation, Component Engineering, Environmental Compliance Support and Master Data Management.

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How Value Engineering Services can Profit your Business

�ۿ۴�ý — Wed, 22 Jun 2011 09:27:31 +0000

Value Engineering, or VE, is a systematic and procedural process which can be applied to any system design. In principle it means: “Maximum worth at minimum cost.” Value engineering goes hand-in-hand with good BOM management, and has a variety of alternative names: value management, value analysis and value planning to name a few. In electrical and mechanical design, it involves looking for alternatives to the suggested components or production methods, to add value to the design without affecting performance or product life cycle. The core of value analysis lies in a carefully crafted and well tested job plan, focused on creating a high quality product at optimal cost. Value engineering is generally a team-driven effort (although engineers working alone can also reap the benefits), with generally an eight stage job plan. The phases are: selection, information, creativity, analysis, development, presentation, implementation and verification. An eight-stage value engineering management plan ensures a methodical approach, in which only those concepts with the highest potential for a high value outcome are used. Although the system is designed to overcome human limitations and avoid errors, it’s essential all team members work together, coming to agreed decisions at each stage of the plan before moving on. Many companies prefer to outsource their VEM to us at �ۿ۴�ý Technologies. We work with specialized, experienced cost reduction consultants to offer value engineering services customized to your needs. The results will be seen in increased profit margins and competitively priced, quality assured products which will appeal to your customers and place you ahead of the competition.

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Value Engineering & Its Benefits – How Value Engineering Services Can Help Your Business

�ۿ۴�ý — Sun, 20 Feb 2011 09:44:56 +0000

Value engineering – what does it mean, exactly? Of course, all engineers want to give a high-value engineering service to their clients, but in this context, it has a quite specific meaning, akin to reverse engineering. Value engineering is a term familiar to most cost reduction consultants. It is the method by which the value of products and services are evaluated in terms of function versus cost. In other words, you can improve the way the product functions, or reduce its cost, to increase its value. Of course there are other factors involved, for example, you don’t want the cost of implementing your value engineering strategies to cost more money than they’ll bring in. At the same time, you must ensure basic functions are not reduced in any way. This means careful weighing of performance versus costs, to optimise the value of what you are producing, be it goods or a service. In the US there is a specific Public Law that applies to value engineering services. PL 104 to 106 states: “Each executive agency shall establish and maintain cost-effective value engineering procedures and processes.” Good value engineering practice is sometimes covered in the project management modules of electronic and mechanical engineering courses. Although it is common sense – reducing unnecessary expenditure without compromising on quality or performance, to both the producer and the customer’s advantage – it is a skill that needs to be learned. Value engineering is described in terms of function. What an object does, and what it is being used for, rather than what it is. We at �ۿ۴�ý Technologies offer reverse engineering services to suit companies of all kinds.

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