The Role of Value Analysis Technology in Reducing Product Cost Applied Study in the General Company for Battery Industry

Abstract

The aim of this research is to implement a modern cost-management and value management technique under the strategic approach to cost management. In order to achieve this, the General Company for Battery Industry has been selected to implement the value analysis technology and demonstrate its role in reducing the cost of the 60A battery product by identifying the main problems and causes and work to solve or reduce those problems as well as identify the advantages and potentials available in this company, The current research helped calculate the cost of production of the battery product and calculate the cost savings as well as the value of knowledge and intellectual in the application of the technique of analysis of the value of both the company undergoing research or previous academic studies.