Benchmarking Overview

iLenSys has extensive competencies in Competitive Benchmarking Projects which helps to analyze products available in the market using a specific set of Metrics, and share necessary insights with our clients to help them understand competitive product-market mix strategies and bring up a successful product launch in the market.

Benchmarking Competencies

Technical Benchmarking
Competitive Benchmarking
Strategic Benchmarking
Process Benchmarking
Functional Benchmarking
Internal Benchmarking
External Benchmarking

Benchmarking Process

Product Benchmarking is the process of comparing whole product or service process to others based on specific parameters. It lets you know how your product matches the competition in its target market.

Overview to Value Engineering

iLenSys has rich experience in VA projects, we work on performing Value Analysis (VA) for existing products. We study current products, analyze and evaluate means to achieve costs reduction, improve product function or both.

Value Analysis use a step-by-step approach which evaluates the product in a range of areas. These include costs, function, alternative components and design aspects such as ease of manufacture and assembly.

A significant part of VA is a technique called Functional Analysis, is where the product is broken down and reviewed as a number of assemblies involved or parts to assembly and disassembly sequence studied.

Here, the function is identified and defined for each product assembly, Costs are also assigned to each one and this is assisted by designing and viewing products as assemblies

Value Engineering Competencies

Project Value Analysis
Life Cycle Cost Analysis
Functional Analysis
Integrated Value-Improvement Methodologies
Change Management
Product Weight Reduction
Detailed Checklist Driven Process
Use of suitable Scientific Techniques
Modular Design Approach
Supplier Integration, Localization, Low-Cost Sourcing

Implementing VE Project

Why Companies go for Value Engineering

  • Cost overruns may be Reduced
  • Meeting Project Value Objectives
  • Increase Bottom-line Profits
  • Reduce Risks and Resolve Issues
  • Improved Return on Investments
  • Improving Value

Why Choose Us?

  • Highly Qualified Team
  • Fast Turnaround Times
  • Proven Results
  • Satisfied Clients
  • Realize Cost Savings

News & Updates

The "News & Updates" section features the latest developments and innovations in our services and solutions, including engineering services, product compliance, environmental regulations, Obsolescence Management, and regulatory & product safety.

IIOM Oct Event 2024
iLenSys Obsolescence Manager 21 Oct 2024

iLensys is excited to announce our participation in IIOM 2024! Join us as we explore our comprehensive obsolescence

NAEM Oct Event 2024
iLenSys Compliance Manager 21 Oct 2024

Drive greater business value for your EHS and Sustainability programs with innovative solutions

PSX Newsletter Post
iLenSys Compliance Manager 14 Oct 2024

Join us at PSX 2024 for an enlightening session on the latest updates in global product regulatory changes and PFAS reporting.

Resources you might be interested in

Blogs
ilr-Benchmarking-and-Value-Analysis.jpg

Product benchmarking is a valuable tool in value analysis and value engineering (VE) that involves

View Blog
Whitepapers
ilr-Global-Trade-Meets-Climate-Change.jpg

The Carbon Border Adjustment Mechanism (CBAM) is a transformative EU policy designed to curb global emissions

View Whitepapers
Webinars
ilwb-Supply-Risk-Management.jpg

Join our webinar, “Design-Led Supply Risk Management,” to discover how design plays a pivotal role in High-Mix, Low-Volume (HMLV) manufacturing. Gain insights into the unique challenges HMLV manufacturers encounter and learn how strategic design decisions can enhance supply chain resilience and support the product lifecycle. We’ll also explore how design collaborates with other functions to drive innovation and improve efficiency.

View Webinar
Videos
ilr-PFAS-Chemical-Present.jpg

Explore the pervasive presence of PFAS, their impact on our homes and environment, health risks, and the regulations in place to control them.

View Videos
Case Studies
ilr-HydrogenCity-Card-Img.jpg

The global leader in CO2 products and services aimed to promote their hydrogen infrastructure by

View Case Studies

Subscribe to our Newsletter and Product & Service Updates.

Business Email
First Name
Last Name
Interested In
Subscription Preferences:
Newsletters
Product and Service Updates

By submitting, I agree to receive newsletters and updates from iLenSys Technologies and can unsubscribe at any time. View Privacy Policy.

Let us know how we can help you!

We'd love to hear from you

uparrow

Customize Your Cookie Preferences

Cookie Settings

Welcome to iLenSys Technologies Pvt. Ltd.'s Cookie Settings. We respect your privacy and want to give you control over your online experience. Please select your cookie preferences below:


Essential Cookies

These cookies are necessary for our website to function and cannot be turned off.


Analytics Cookies

Help us improve our website by allowing us to gather anonymous usage data. Turning off these cookies won't affect your experience.


Preference Cookies

These cookies remember your choices on our site for a more personalized experience. You can turn them off if you prefer.


Marketing Cookies

We use these cookies to show you relevant ads. Turning them off won't stop all ads, but they may be less relevant to you.


Save Preferences

Your choices will be stored as cookies on your device. If you clear your cookies, your preferences will be reset.


Questions?

if you have any questions about our cookie settings or how we use cookies, feel free to contact us:

iLenSys Technologies Pvt. Ltd.

8-2-293/82/L/231/ABC,
MLA Colony, Road No: 12, Banjara Hills,
Hyderabad, Telangana 500 034
Phone: 040 – 66998246, 040 – 66998234
Email: info@ilensys.com