Role of value engineering and value analysis

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Reference no: EM13824834

Why does value engineering present greater opportunities for reducing costs than value analysis? Who should lead the value analysis and value engineering effort? How can supply management contribute to the process?

Additional requirement

The question is a part of Operations Management and it defines the of value engineering and the opportunities for reducing costs more than value analysis. Leading value analysis and value engineering effort has been discussed in the solution.

Word Limit 550

Reference no: EM13824834

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