Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell

Ramli, Aliza and Sulaiman, Suzana and Falconer, Mitchell (2012) Value engineering for value creation in the automotive industry / Aliza Ramli, Suzana Sulaiman and Falconer Mitchell. Management & Accounting Review, 11 (2). pp. 1-29. ISSN 1675-4077

Abstract

This paper intends to explore the adoption of Value Engineering (VE) as a value creation tool within Malaysian automotive organizations. VE relates to a systematic and multi-disciplinary team approach adopted by organizations which analyze the functional requirements of new and existing products, projects or services. The aim is to achieve the essential function at the lowest overall cost while maintaining customers’ optimum value assurance. Dual research methods comprising of case study and survey were adopted in this study. The survey findings were able to confirm and extend the case study findings. The findings indicate that VE is a common and routine activity within the automotive industry. Further, the stage model adopted in this study provides the understanding of VE innovation by confirming that the identified stages do exist and by indicating the contingencies, it determines whether the stages of adoption happen in a predictable order.

Metadata

Item Type: Article
Creators:
CreatorsEmail / ID. Num
Ramli, AlizaUNSPECIFIED
Sulaiman, SuzanaUNSPECIFIED
Falconer, MitchellUNSPECIFIED
Subjects: H Social Sciences > HD Industries. Land use. Labor > Automobile industry and trade
H Social Sciences > HD Industries. Land use. Labor > Automobile industry and trade > Malaysia
Divisions: Universiti Teknologi MARA, Selangor > Puncak Alam Campus > Faculty of Accountancy
Journal or Publication Title: Management & Accounting Review
Journal: UiTM Journal > Management & Accounting Review (MAR)
ISSN: 1675-4077
Volume: 11
Number: 2
Page Range: pp. 1-29
Official URL: http://arionline.uitm.edu.my/ojs/index.php/MAR/art...
Item ID: 30661
Uncontrolled Keywords: Value Engineering (VE), Innovation, Value Creation
URI: http://ir.uitm.edu.my/id/eprint/30661

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