Technology and Concept Model of Cost-oriented Design
Introduction
Cost-oriented design, commonly referred to as cost engineering, is a method of designing and producing products with a focus on cost reduction, yet without compromising the quality, functionality or reliability of the product. By optimizing every production step and utilizing advanced cost engineering techniques, companies can reduce their manufacturing costs by 20-30% or more. This paper will discuss the key technology and concept model of cost-oriented design and the resulting benefits for firms.
Background
In recent years, cost-oriented design has become an important tool for companies attempting to reduce production and design costs. A large number of small and medium-sized enterprises have recognized that cost engineering can save substantial sums of money by lowering the cost of production, while at the same time increasing efficiency and reducing waste. This new approach to design and production is rapidly becoming an indispensable tool for businesses looking to be more competitive in the global marketplace.
Technology
There are several key technologies utilized in cost-oriented design, which enable companies to reduce production costs while maintaining quality and performance. These technologies include:
1. Design for manufacturing (DFM): This is the practice of incorporating manufacturing guidelines into the very design of components, allowing for reduced material waste, easier assembly, and the use of the most efficient production methods.
2. Design for assembly (DFA): This is the practice of designing components to reduce the time required for assembly and installation. This can include the use of snap-fit mechanisms, which reduce the number of fasteners required and make for easy assembly.
3. Design for cost (DFC): This is the practice of designing components to meet specific cost targets. This requires a thorough understanding of the costs associated with the production of the component, and the ability to identify areas of unnecessary expense.
4. Value engineering: This is the practice of examining the design of a component or system from an economic perspective, with the goal of establishing a cost-effective solution. This involves making tradeoffs between functionality, performance, and cost.
Concept Model
Cost-oriented design is a process which begins with an initial understanding of the requirements of the product, as well as the costs associated with producing it. The process then moves to the design phase, where the designer uses the tools of design for manufacturing, design for assembly and design for cost to develop components and systems that meet the requirements of the product, yet are produced at a lower cost.
This is followed by an analysis phase, where value engineering is used to examine the components and systems from an economic perspective, and identify any potential cost savings. Finally, a decision is made regarding the most cost-effective components and systems, and they are incorporated into the design.
Benefits
The key benefits of cost-oriented design are the potential savings in production and design costs. By incorporating the tools of design for manufacturing, design for assembly, design for cost and value engineering into the design process, companies can reduce their production costs by 20-30%. In addition, cost-oriented design also enables improved efficiency and reduced waste due to improved design processes and fewer rework cycles.
Conclusion
In conclusion, cost-oriented design is a key technology that has become indispensable to companies around the world looking to reduce production and design costs. By incorporating the tools of design for manufacturing, design for assembly, design for cost and value engineering into the design process, companies can reduce their production costs by 20-30%, while at the same time improving the efficiency of their design and production processes. This approach is of increasing importance to businesses looking to be more competitive in the global market.
