Scientific Approach for Pickup Cargo Weight Reduction

Due to increasing competitiveness, the arrival of industry giants, product pricing, etc., the automobile market in India is becoming more dynamic to adopt the changes. Apart from this, the product needs to be competitive to capture market by lowering the benefit margin. After launch and gaining of mass volume of the market, the Value Analysis and Value Engineering (VAVE) helps in minimizing the design and development costs through removal of non-value adding processes and activities by understanding the product's value, functions, features, customer demand, quality, and Real-World Usage Pattern (RWUP) without affecting the performance and eventually help in increasing the profit margin of organization. In this study, the benchmarked based statistical Light Weight Index (LWI) technique is developed for the predicting the world in class optimum weight. For these four statistical Light weight Index numbers is derived based on the geometrical dimensions. This strategy is used for the target setting. To achieve the target, the Value Analysis approach for Cargo assembly to redesign and make Refresh Cargo assembly. Organization is also benefited directly by reducing the inventory cost and transportation cost because of deletion of parts and minimizing the assemblies. Vehicle power to weight ratio and fuel economy also improved based on cutting of weight. The complete case study with details has been mentioned in the work. The weight benefit led to an increase in the profit margin and caters to the difficulty because of the daily increase in the price of raw materials.