Value engineering is a creative approach that evaluates a variety of product options on a lighting project and provides the most appropriate alternate product options to meet or exceed budget expectations while still achieving the desired project criteria. Moreover, this approach provides value to the customer in that, as a result of the evaluation of the multiple lighting products, it can reduce material costs, reduce lifetime operating costs, and potentially increase the performance of the lighting at the buildings and facilities (read more on the definition in this blog post).
An important note when evaluating ANY LED lighting product: LED lighting is NOT a commodity. In fact, the LED industry is rife with manufacturers who cannot validate or flat our fabricate the technical specifications of their LED products. With the exception of warranties, all technical specifications are generated from independent testing procedures that all quality manufacturers put their products through. If a manufacturer cannot provide validation of any of the technical specs listed in their product cut sheets, you cannot consider that information valid. In the LED industry, you often get what you pay for.
Value Engineering Process for your LED Lighting Projects
Value engineering during the RFP development process ensures customers achieve their desired results across a broad range of applications, within timeline and budgetary restrictions.
1. Value engineering during the design process of a retrofit or new construction project
This first value engineering method typically occurs in the early stages of a project in consideration. It is during these early stages that Stouch Lighting works with end users and contractors to develop project criteria to ensure the desired lighting objectives are met. By creating a list of required criteria, the customer isn't limited to a single manufacturer, but instead can select from a competitive range of product options without having to worry about compromising on the quality of the lighting products they are purchasing.
2. Value engineering existing lighting product specifications
This second, more traditional value engineering method typically occurs after a lighting package has already been put together by an architect or engineer. In this scenario, Stouch Lighting works with project managers, construction teams, facility teams, and energy teams to evaluate the existing lighting package and provide alternate product options that will reduce the initial and life cycle costs, without compromising on the desired quality and performance of the original lighting package.
3. Value engineering during the Request for Proposal (RFP) development process
Stouch Lighting is able to provide these value engineering options because we are manufacturer-neutral. We only work with manufacturers that provide results of quality testing, and we never "sell" a customer on a specific manufacturer. We're at an advantage when it comes to value engineering because we have the product options to meet your expectations.