Why Does Value Engineering Matter in Metal Fabrication?

value engineering

D+M Metal Products is invested in our relationships with our customers. It’s one of our core values. One key way we practice that commitment is to improve the projects we get in any way we can in order to save our customers unnecessary costs and make production more efficient. Our engineers always check the design of every project we work on before it goes into production. They can often find elements that can be improved or fix designs that will not work properly. This is the value engineering aspect of our business. Let’s talk about what that is and why it’s so important. 

What Is Value Engineering? 

Constructive criticism is useful, and it can save a flawed project from failure. Value engineering is used throughout many industries and fields for this reason. It is the process of considering alternative design solutions in order to optimize the cost/value ratio of the project. At D+M Metal Products value engineering in metal fabrication means our engineering team works to improve the overall value of your product by examining what it is constructed of, which processes will be used to fabricate it, and if there are ways to lower costs and/or increase quality. 

By creating relationships with our customers, many of whom have been with us for years, we develop an open communication process that helps us better understand the projects that we work on as well as our customers’ goals, needs, and budgets. 

The Cost/Benefit Ratio

A project that has a favorable ratio of costs to benefits is one with optimized value. Some fabrication processes are more expensive to perform than others, but they can be justified in using because they will result in a higher quality product with greater overall value. 

Value engineering does not always mean cutting costs. Cutting corners by choosing cheaper materials can decrease the overall value of the product – which would not add value. Instead, it means analyzing input costs as well as other factors like how the part needs to perform, how it will hold up over time, if it will need maintenance, and its aesthetics. 

On the other hand, sometimes lowering costs is essential to getting a project off the ground, so decisions have to be made for that to happen. If that is the case, our engineers can work with your company to offer you alternatives that will fit your project needs. 

Value Engineering in Metal Fabrication

At D+M Metal Products we don’t see value engineering in metal fabrication as just one service we offer. It’s a vital element of our production process. Our engineering team works with our customers to improve design performance, reduce costs, and transform ideas into products. They will work with you on the design end and also continue to monitor the project until it’s completed successfully. 

If you have a metal fabrication project in mind, please call us. We would be happy to discuss your needs and determine a way to meet them that results in the most value for your company. We have 45 years of experience in metal fabrication, and we would love to work with you. 

 

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