DEFENSE INDUSTRY VALUE ENGINEERING PROGRAM REVIEW

Abstract

Significant opportunities appear to exist for increasing defense industry participation and effectiveness in the DoD Value Engineering Program through stimulating a much greater exploitation of the 'savings sharing' potential of industry-initiated Value Engineering Change Proposals (VECPs). It is concluded that defense industry will probably increase its VECP activity significantly: (1) When it is generally convinced that its DoD 'customer' is receptive to industry-initiated VECPs. (2) When DoD VECP processing time is reduced and the quality and quantity of VECP 'feedback' information are improved. (3) If the DoD closely monitors experience and problems under the current VE Armed Services Procurement Regulation provisions and makes timely corrections as necessary to maintain strong industry motivation. (4) If all concerned DoD and defense industry personnel have a thorough understanding of the intent, objectives and procedures of the DoD VECP Program.

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Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1968
Accession Number
AD0665679

Entities

Organizations

  • United States Assistant Secretary of Defense

Tags

Communities of Interest

  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Business Administration
  • Commerce
  • Contract Administration
  • Contractors
  • Contracts
  • Cost Reductions
  • Defense Industry
  • Department Of Defense
  • Engineering
  • Engineers
  • Fixed Price Contracts
  • Governments
  • Logistics
  • Logistics Management
  • Procurement
  • Value Engineering

Readers

  • Aerodynamics.
  • Defense Acquisition Program Management
  • Educational Psychology