Value Engineering & DfX
Value Engineering and Design for Manufacturing, Assembly and Costs are distinguishing features of the NTS development approach. NTS engineers are well-aware that margins are constantly under pressure: costs of production and materials steadily increase, while end-customers expect cost-down during the life-cycle of a product.
Our approach to value engineering and DfX is specifically tuned towards high-tech system development. NTS uses a systematic approach that achieves optimum balance of component and manufacturing specifications and the intended market value. This approach includes expert knowledge of manufacturing techniques, thorough domain knowledge and knowledge of relevant suppliers, and instruments to zoom in on potential cost savings. Also, our engineers are familiar with complex, ‘multi stakeholder’, customer environments.
In close collaboration with the customer, our engineers analyze where specifications can be relaxed, which suppliers offer best value, which manufacturing technologies fit the best. Our production experts join the design sessions, to ensure first-hand input of manufacturing limits or possibilities. Together with the customer, ideas are listed, analyzed and selected on the basis of Return on Investment. NTS is able to execute the proposed cost reductions, a clear advantage in comparison to consultant-style cost assessment activities. NTS operates an unparalleled scope of precision production, prototyping and testing facilities.
NTS has a track record of projects that led to a significant cost down of both existing and newly designed products, building on its extensive design, manufacturing and supply chain knowledge.