Definition of value analysis in English:

value analysis

Pronunciation /ˈvalyo͞o əˈnaləsəs/ /ˈvælju əˈnæləsəs/

Translate value analysis into Spanish

noun

  • The systematic and critical assessment by an organization of every feature of a product to ensure that its cost is no greater than is necessary to carry out its functions.

    ‘He tended to analyze problems using straightforward frameworks such as present value analysis and basic valuation models.’
    • ‘Concepts such as standardization, procurement, budgets, and value analysis can be difficult to learn outside of a formal education program.’
    • ‘The value analysis team reviews all new products.’
    • ‘Further the continuous contact during quality meetings, audits, value analysis projects and project meetings ensures a high quality level and competitive prices.’
    • ‘The Website is incredibly comprehensive and can even do a value analysis for each fastener.’