Technical Partners and the Special Assignment Group - Arabia are offering "Value Engineering Services" to small and medium sized companies to help reduce costs and increase productivity through a structured process of analyzing functions and relationships to identify unnecessary expenditures and increase value for customers and manufacturers; the services include an evaluation of the current situation, developing an action plan, and helping with implementation of changes; Technical Partners has associates in Saudi Arabia and Bahrain who can discuss the services and are experienced in manufacturing, financial management, marketing, and business development.

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Technical Partners (TP), in association with the Special Assignment Group – Arabia (SAGA), is offering
small and medium sized companies “Value Engineering Services”.
These services are aimed at reducing a company’s costs or increasing productivity.
1 About Value Engineering
Value engineering (VE) is defined as a systematic method to improve the "value" of goods or
products and services by using an examination of function. Value, as defined, is the ratio of
function to cost. Value can therefore be increased by either improving the function or reducing the
cost. It is a primary tenet of value engineering that basic functions be preserved and not be
reduced as a consequence of pursuing value improvements.
Value engineering is associated with project management or industrial engineering as a technique
in which the value of a system’s outputs is optimized by crafting a mix of performance (function)
and costs. In most cases this practice identifies and removes unnecessary expenditures, thereby
increasing the value for the manufacturer and/or their customers.
VE follows a structured thought process that is based exclusively on "function", i.e. what something
"does" not what it is. This is the basis of what value engineering refers to as "function analysis”.
Value engineering uses rational logic (a unique "how" - "why" questioning technique) and the
analysis of function to identify relationships that increase value. It is considered a quantitative
method similar to the scientific method, which focuses on hypothesis-conclusion approaches to
test relationships, and operations research, which uses model building to identify predictive
relationships.
Value engineering is also referred to as "value management" or "value methodology" (VM), and
"value analysis" (VA). VE is above all a structured problem solving process based on function
analysis—understanding something with such clarity that it can easily be described.
2 Stages
We offer a simple approach to helping improve profitability:
• Stage 1 – evaluation. Determine what the current situation is.
• Stage 2 – analysis and plan. Analyze the results of the evaluation and develop an action
plan.
• Stage 3 – execution. Help the Client implement changes.
3 What do our Clients get out of Value Engineering?
Information for:
• improving profitability and quality,
• the owner’s / manager’s own information and control of his operation
• planning and development purposes,
• expanding operations,
• closing down unprofitable operations,
• providing justification for projects to receive funding from banks and financial institutions

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4 Methodology
The stage 1 – evaluation assignment could include the following activities:
• qualified personnel visit the Client’s facility for between two days and one week to meet
personnel from the Client’s side and collect information.
• produce a report with suggestions for future steps to be taken and cost estimates for the
analysis stage.
5 Timing
Most evaluation assignments can be completed within six weeks, provided that the information is
readily available.
6 Cost
Cost of a valuation will depend on the operations being evaluated, their size and diversity of
products and services. A contract price will be determined once we get some basic information
about the operation.
7 About Technical Partners
Technical Partners is a Canadian Company doing business in Northern Europe and is located in
Riga, Latvia (see www.tpriga.lv).
Most specialists are from Canada, the UK, the US or Latvia and have considerable experience
related to
• Manufacturing processes,
• Financial management systems,
• Marketing and Sales
• Business development
Technical Partners has associates in Saudi Arabia and Bahrain who are available to discuss Client
requirements at their convenience.
For further information contact Ed Kalvins:
Mobile: +371 29 255 223
e-mail: ed.kalvins@tpriga.lv
SKYPE name : ed.kalvins