A prominent aircraft engine supplier wanted to improve the design and reduce the cost of some of its components. A multi-team Value Engineering workshop was held, in which one of the teams was tasked with reducing cost and weight while maintaining the safety of a gearbox assembly. The team developed three suggestions to be implemented over the next 10 years. The first resulted in a $4.5 million annual savings. The second, a more radical hybrid electric gear design would bring additional annual savings of $1.5 million. The final phase would implement an electric main shaft design and result in an additional annual savings of $6 million.
SAVE International® is the premier international society devoted to the advancement and promotion of value engineering. VE benefits include decreasing costs, increasing profits, improving performance and improving quality.