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An assessment of the application of value analysis and value engineering in cost reduction – case study of Nigerian Bottling Company Plc, Owerri

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An assessment of the application of value analysis and value engineering in cost reduction – case study of Nigerian Bottling Company Plc, Owerri.

Abstract

This project work was chosen in order to determine an assessment for the application of value analysis and value engineering in cost reduction. It will X-Ray the gains, benefits and contributions of value analysis and value engineering in an organization with special reference to Nigerian Bottling Company Owerri. The topic in question will reveal the methods by which value analysis and value engineering techniques can be applied as well as the contribution of other functional departments in the application of value analysis and value engineering. It will also identify the factors responsible for the unnecessary cost of products and why the value analysis programme sometimes fails. 

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