Asset Value Engineering Studies
Many companies may not necessarily wish to expand their rate of production or introduce new lines of products but instead choose to enhance their competitiveness often in a challenging economic climate.
In certain cases, companies may choose to continue making existing products at reduced cost or make modified higher performance products for similar costs to existing.
The approach of compromising product quality by reducing costs or producing higher value products at a much higher cost often becomes a false economy resulting in an unfeasible strategy.
RB Plant have applied our expertise in concept studies and technology evaluation to support clients with such aspirations.
One approach we have often taken is to audit existing client’s processes to identify cost saving opportunities, such as utilities and power consumption which may have been overlooked. This then gives more margin to increase operating costs for an enhanced product that may require a higher cost to manufacture. The net result being overall operating costs that stay more or less neutral whilst the client can take advantage of the higher sales price and hence higher profit margins.