Value Engineering & Value Analysis (VA/VE)
Date : 19 to 20 May, 2026
Venue : IMTMA Technology Centre, Pune
 
LAST DATE FOR REGISTRATION 12 May 2026
INTRODUCTION
 

Value Engineering is a proven Technique for cost reduction and enhancing the value of product and processes.  This is very essential for the company to remain competitive. Systematic analysis of the functions and its Value to remove redundant functions and features are addressed in Value Engineering. Value engineering (VE) and Value analysis (VA), with core methodology being same for both, differs only in the point of application phases of product life cycle.

Keeping this in view, IMTMA is conducting a detailed training program on Value engineering to enhance competitiveness of Industry.

FOCUS AREAS
 
KEY TAKE AWAYS
  • Introduction to participants and agenda
  • Difference between VE & VA
  • Value and it's types
  • Introduction to value engineering
  • Function & types
  • Capturing customer needs including QFD
  • Different steps in VE
  • Creativity and lateral thinking
  • Application of brainstorming
  • Industrial examples
  • Value engineering tools & techniques –
  • FAST Diagram
  • Functional Block Diagram
  • Functional Tree
  • Managing divergent thinking
  • Idea evaluation
 

At the end of the program, the participant shall:

  • Understand value and how Customer perceives value
  • Learn on analysis of functions
  • Have an understanding about application of VA/VE Techniques
  • Identify areas where VA/VE can be applied
     
 
Training Methodology
 

This program is focused on why value engineering is necessary, how it differs from other methodologies, various techniques and steps in value engineering.

The topics will be explained with detailed examples, power-points, case studies and video. Trainer shares his vast experience in the domain. Apart from theoretical aspects, participants will be involved to do various exercises. Focus will be given to be more interactive to clarify any questions from current role of participants.

Group exercises and discussions carried out during the programme, will enable the delegates to relate and discuss the questions they may have on topics including challenges if they have tried value engineering application.

PARTICIPATION FEE

Rs. 4999/-
+18% GST

IMTMA Members/ Micro Companies/ Individuals/ Educational Institutions / Students/ IMTMA Non Members/ Others

Rs. 999/-
+18% GST

Professors/ Student

USD 200/-

Overseas Participants

Group Concession : 10% for 3 to 5 and 20% for 6 and more delegates being nominated from the same company

 
Participant Profile
 

Managers and Engineers from areas of New product development, R&D, Quality, Engineering, Manufacturing, purchase, marketing, etc

 
Faculty
 

The program shall be delivered by Mr. Sachin Bhawsar.

Mr. Sachin Bhawsar, is a M. Tech. in Manufacturing Management with 31 years of experience in all manufacturing functions – across Automobile & Automotive industries. He has been a Manufacturing Excellance (TPM/WCM/WPI) Practitioner since the year 2001.

He has been a senior management professional for over 12 years – Functional Head/Plant Head/Director in multiple organizations including MNCs and reputed Indian companies. Having been responsible for P&L for many years, he is able to explain financial linkages to operational challenges.

Having a rich experiences across Automobile & Automotive industries, he featured in Business Today for helping the industries in their difficult time to reduce losses and improve their business profit and efficiencies, also to upgrade the technical skills of their important assets (i. e. people) through extensive training modules.

His journey in industry is full of achivements achieved in multiple organizations under different environments. He is a good orator and has a penchant for teaching concepts through his experience and able to connect the audiance with subjects and topics.

For Registration Contact
Nagraj Hamilpure
Programme Coordinator
9881616902
n.hamilpure@imtma.in
Back End Operations
9742626488
enquiry@imtmablr.com
Contact Address

INDIAN MACHINE TOOL MANUFACTURERS' ASSOCIATION
12/5, D-1 Block, MIDC, Chinchwad,
Pune-411019

Board Line : +91 7066030531 / 532

REGISTRATION : Prior registration for participation is necessary. Number of participants is limited and will be accepted on ‘First Come First Serve’ basis. A Certificate of participation will be issued to participants.

Important Information : Participation fee includes, course material, working lunch and tea / coffee. Interested companies are requested to register online by clicking on 'REGISTER' button and by filling up the nomination authority and participant's details in specified form.

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