Obiero John Abuto (PhD student)
Jaramogi Oginga Odinga University of Science and technology,
School of Business and Legal studies
ABSTRACT
Increased desire for optimal financial resources utilization, quality service delivery systems, competitive manufacturing process scheduling and value chain addition on the overall supply chain has made organization to reorganize their operations management structure to adopt to these pertinent requirement. Value analysis methodology has become very useful in; process design, construction management and manufacturing as a tool that can optimize projects administration, business and manufacturing processes scheduling facilitation . The benefits of value analysis include decreasing costs, increasing profits, improving quality, improving speed of service delivery and performance, and enhancing customer satisfaction. Various interventions have been sought and implemented by the manufacturing sector in Kenya to improve on production performance and service delivery systems approaches. For example a series of management strategies have been designed and implemented, but still the cost of production and service delivery systems has remained. In the Kenyan context, many products produced by our industries has been very expensive for the internal competition and the global market. This paper makes a critical review on value analysis as a cost reduction strategy methodology that need to be adopted by the Kenyan production sector and service delivery systems for cost reduction efficiency and quality delivery.
Key words: Value analysis, Manufacturing Process design and scheduling.
INTRODUCTION:
In an age of increased competition for financial resources, market mix and innovative cost advantage across all industries and levels of government. Value analysis management methodology