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The Importance of Value Engineering and Obsolescence Management | ACL Digital - 0 views

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    Value Engineering (VE) was first developed during World War II at General Electric and has since become widely used in various industries to optimize initial and long-term investments. The principles are applied to new product development across multiple domains and in the commercial engineering of large IT and digital transformation programs. The fundamental premise of VE in engineering is to prioritize the primary functions of a product or service over its auxiliary tasks.
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