A Survey on the Application and Role of Value Engineering in Pars Simin Chemical manufacturing company (the manufacturing unit of Pars Simin white plastic paints)

Abstract:In the present era of global economies all organizations are performing in the area of commercial and economic competition. Besides, customersʹ needs and expectations have also increases with the spread of technologies. These factors affect, directly, organizationsʹ profitability and survival. The need to decrease costs and possessing a proper design for different products, having correctly understood the real needs of customers, has increasingly became significant and is considered as a key factor in achieving success. The present paper performs value engineering technique to specify and analyze the function of various components in Pars Siminʹs plastic (non-oil) paints. It, then, determines the significance percentage of functions, analyzes costs and evaluates value indicator to reduce time and costs in order to try to improve and modify each function with the low value indicator. Finally, the providence developed in each produced patch is presented.