A global leader in the elevator and escalator industry achieves reduction of cost by drawing on Pricol Technologies’ Value Analysis and Value Engineering expertise.
Reduction in weight of the component and costs were the key objectives of the client. Pricol Technologies deployed its team of experts to perform a preliminary analysis to understand the strength of the components and fatigue requirements. 3D CAD models were developed from the existing mechanical components. Value Analysis/ Value Engineering teams sought to redesign the components, preserve the functional value and reduce the cost of manufacturing. The reliability and robustness of the existing model was maintained while redesigning the structure. The approach followed by Pricol Technologies helped the client in accomplishing their objectives.
Benefits
Reduction in the weight of the component by almost 70%
Reduction in cost of the component by 40%
Reduced process time of manufacturing
Optimised inventory and maintenance levels
Complexity of operations reduced significantly
Consultants
Leveraging on its integrated eco system and the frugal engineering methodologies, Pricol Technologies brings in its palette a spectrum of services to help your businesses in each stage of your Product Life Cycle (PLC). March ahead by synthesizing innovation with engineering.
New Product Development
Mechanical Design
Embedded Systems
Visualization and Technical Publication
Value Analysis / Value Engineering
Manufacturing Engineering
Product Realization
Low Volume-High Mix Manufacturing
Pricol Technologies
Corporate Headquaters
II Floor, Srivari Srimath,
1045, Avinashi Road,
Tamil Nadu, India.
Email: sales@pricoltech.com
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