How to Reduce Wire Harness Cost

Value analysis/value engineering (VA/VE) is a methodological approach for enhancing the value of a good or service by locating and removing extraneous expenses while maintaining or enhancing performance. It is a method for considering a product or process from the viewpoint of the consumer and seeking for methods to increase its value while lowering costs.

By locating places where costs can be cut while preserving or enhancing the performance of the wire harness, VA/VE can be utilized to lower wire harness expenses. This may entail locating less expensive suppliers or materials, optimizing the manufacturing procedure, or figuring out how to do away with extra procedures or parts.

Typically, a team would adhere to the following procedures to deploy VA/VE for wire harness cost reduction:

Define the project's goals and parameters for the VA/VE. This can entail deciding on specific cost-cutting objectives or improvement targets for the wire harness.

Assemble data and details about the wire harness, such as its design, components, manufacturing process, and performance specifications.

Determine possible areas for cost and value-saving measures. To do this, the team may hold brainstorming sessions, examine the wire harness for waste or inefficiency, or consider alternate materials or production techniques.

Based on their potential impact and viability, rank the identified opportunities to ensure that the anticipated cost reduction and value enhancement are realized, implement the chosen opportunities and monitor the outcomes.

These actions can make VA/VE a potent instrument for cutting expenses and raising the value of a wire harness.

Integrating EB Cable can automate many of the changes and calculations to prevent introducing errors or inefficiency when conducting a VA/VE activity on a current production part and save you significant costs.