The Power of FAST in Value Management

970761

02/24/1997

Event
SAE International Congress and Exposition
Authors Abstract
Content
A company's success is not dependent on innovative product alone. To be successful a company must learn creative organization concepts that will help them react quickly and effectively to business opportunities. Function Analysis System Technique (FAST) is a powerful analysis process used by most Value Engineers to analyze the functions and reduce the cost of physical components, assemblies, hardware products and construction projects. However, FAST is also an excellent innovative process for business systems and planning activities. This paper focuses on the “soft side” of Value Management (VM) and how to use FAST, an effective mapping technique, to extend VM beyond products or construction applications into the management of a business. An overview of the FAST process is provided as a backdrop for the innovative process presented. However, it is assumed that the reader has a basic understanding and working knowledge of FAST and function analysis.
Meta TagsDetails
DOI
https://doi.org/10.4271/970761
Pages
8
Citation
Kaufman, J., "The Power of FAST in Value Management," SAE Technical Paper 970761, 1997, https://doi.org/10.4271/970761.
Additional Details
Publisher
Published
Feb 24, 1997
Product Code
970761
Content Type
Technical Paper
Language
English