Celestica’s Value Analysis Value Engineering (VAVE) approach is enhancing product competitiveness for our global customers.
The process of moving from prototype to production requires a careful balance between speed and meeting market entry requirements. The pressure to launch quickly can lead to design compromises that hurt product competitiveness and supply chain efficiency.
In the drive to meet deadlines, companies may miss opportunities to fully realize cost reductions and maximize value.
That’s where VAVE comes into play.
VAVE provides an invaluable opportunity to assess the design and process of a product that is already in production, making high-impact adjustments.
Why does VAVE matter?
In a dynamic business environment, cost reduction, a robust supply chain, and product functionality and competitiveness have a significant impact on a company’s operating costs, profitability and brand reputation.
VAVE can help to address these areas by:
- Reducing both product and production costs
- Driving optimization in manufacturing
- Enhancing quality
- Reducing the risk of supply shortages and quality issues
- Enabling the timely incorporation of technological advancements into products during the sustainment phase of the product lifecycle
These numerous advantages are driving an increasing number of Celestica’s diverse customers to turn to our VAVE solutions to ensure their products are continuously improved to reap maximum value.
A Unique and Proven Approach
Addressing both cost challenges and product enhancement opportunities, our differentiated VAVE solutions follow a proven, rigorous framework for driving continuous improvement with our customers. Equally unique is the collaborative, win-win approach
we take – drawing on the right market-specific Celestica experts in engineering, supply chain and manufacturing to work alongside our customers to identify opportunities to unlock hidden value.
"We do this through a five-phase process that begins with target setting, ideation and a collaborative workshop, and segues into a multi-year implementation plan and measuring value,"
explains Ken Meyer, Director of VAVE solutions. “In addition to the significant cost savings this process enables – sometimes in the millions of dollars – our customers appreciate the collaborative approach we take, the establishment of a shared understanding
and process for ongoing continuous improvement, and the alignment of incentives for shared success.”
"A critical part of our Commercialization offering, VAVE helps our customers across the globe address short and long-term pain points by finding new and creative ways to maximize value,"
adds Ed Stodola, Global Commercialization Lead, Celestica.
“What makes VAVE unique is its low barrier to entry, the actionable insights it derives to improve existing and next-gen products, and its incredible ability to unlock phased solutions that reduce cost and improve product functionality
– enhancing product and customer competitiveness over time.”
Ready to maximize value for your products – today & tomorrow?
To learn more or if you have any questions, please reach out to commercialization-solutions-team-CLS@celestica.com