Cost Value Analysis - Exercises
Basic Data Setup
Purpose: The purpose of this exercise is to show you how to
set up the
basic data required for cost value analysis.
Windows:
Manufacturing Standard Basic Data/Value Analysis Function
Product Structure
- Open Manufacturing Standard Basic Data window and go to
Value Analysis Function tab.
- Populate the window and see the value analysis functions already defined.
- Open the
Product Structure window. Query for a record in
your site.
- Go to
Product Structure tab. Assign a value analysis function to your part structure using the List of
Values.
- Select one of the value analysis function types listed in the table below.
| Value Analysis Function Type |
Description |
| Main |
This is the most essential function of the part. |
| Partial |
When combined with other functions, this function comprises the main
function of the part. |
| Support |
The part could work without this function. |
Purpose: The purpose of this exercise is to show you how to
prepare for cost value analysis.
Windows:
Costing Basic Data/CVA Importance
Costing Basic Data/Customer Requirement/Product Feature
- Open Costing Basic Data window. Go to
CVA
Importance tab.
- Enter CVA importance as a ranking table with the lowest to the highest
score for the lowest to the highest importance.
- Go to
Customer Requirement/Product Feature tab. Populate the
window to see the available customer requirements. If you want, you can
create a new record for your own.
Cost Value Analysis
Purpose: The purpose of this exercise is to show you how
to assign a product feature and function ranking to a part and analyze value
index chart.
Windows:
Cost Value Analysis
- Open
Cost Value Analysis window. Query for the manufactured
part used in the previous part of the exercise.
- Make sure window header displays cost set as 2 (Estimated Material Coat)
and Level Cost and Total Cost fields have values.
- Go to
Product Feature tab. Create a new record.
- Go to the column Customer Requirement. Assign a customer requirement to the parent
part using the list of values.
- Go to the Customer Importance column. Rank this customer importance for
the part using the list of values.
- If possible, assign importance for competitors' opinions as well as
your own for the fields of Our Importance and Comp Importance. The percentage of total importance is calculated. Information
about the remaining values to assess helps you complete the analysis.
- Save the information.
- If you want to add more customer requirements, repeat steps 3 to 7.
- Go to
Feature to Function Ranking tab.
- Select one customer feature that was assigned to the parent part, assign a
relevant child part (or parts) that carries functions that could be related to the
customer feature.
- Select a correlation index indicating whether that customer requirement
relative to the child part is strong, moderate, or weak.
- Go to Assessed Value field. Assign a fraction of the ratio to each child part based on the correlation
index until the field Remaining to assess gets zero. Save the
information.
- Select all other customer features and follow the steps 2 to 4.
- Go to the
Value Index tab and view the analysis.
- Go to
Value Index Chart tab. Enter the number of parts to
view in the field Show number of parts.
- Select a value for the field Q Value (Quota); e.g., 20%, 15%, 10% or 5%.
- Click Refresh to view the chart. Differ most and differ least
help you to focus on
specific parts.
- Click on a dot
to view information about the part.
- Change Q Value and Refresh. Observe the changes in the chart and details
in the Implied Action column in
Value Index tab.
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