Value Analysis / Value Engineering using Novo Cut to Length Novo Precision Team 2016.

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Presentation transcript:

Value Analysis / Value Engineering using Novo Cut to Length Novo Precision Team 2016

Objective Understand Value Analysis / Value Engineering (VA/VE) opportunity that in certain applications will benefit to your supply chain: Our consultative approach can help you identify where this can apply Cost QualityDelivery Engineering a more Value Added Process improving COST Maintaining or improving Quality & Deliver

Novo Precision Products Novo has 4 Product Value Streams: Our Cut to Length & Wire Value Streams leverage capital equipment which we engineer & build.

VA/VE Process Traditional Approach for Linear parts: CNC Swiss, CNC Wire Former, CNC Mill or CNC Lathe Cut to Length for Linear Parts: Pneumatic or Servo Feed & Cut Customized Secondary Operations Potential Cost Advantages: Lower Capital Equipment Cost Lower Material cost off coil and straightened versus bar stock Reduced Expendable Tooling Costs Reduced Scrap in using shaped or preformed material

Types of Products Any type of Linear Material generally from.002” to.250” Diameter: Wire - Can be processed from spool and straightened for reduced cost Tube - Shear cut process eliminates cutting process scrap (No Kerf) Shaped Material - Cutting quills can be custom shaped to provide burr free cut Use of secondary operations - Engineer and build custom modules for variety of operations

Examples of Products

Tolerance Capability: Burr Free Cut Length tolerance down to +/-.002 Diameters up to.250” All Linear material types

Novo as a Supply Chain Partner Novo is driven to be a ‘World Class Supplier’ driven around Continuous Improvement Quality: -ISO Control Plans -Vision / Real Time SPC -PFMEA / FMEA to proactively attack problems Cost: -Very competitive – Focused on being a strategic partner -Daily / Weekly Improvements -Joint Cost our Projects with Customers Delivery: -Make & Deliver Complete -Pull System to minimize Lead- times -Dock to Stock with Medical Customers

Next Steps We can review parts and have quote back to you within 48 Hours We will work with you to quickly develop prototypes & prove process capability We would be like to schedule a visit to help you better understand the value & capabilities that we have to help address your business needs

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