Cost and Value Engineering

Designed for Manufacture and Value Engineered.

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A huge thanks to the brilliant team at T-Rax for constantly supporting a range of our event work! These guys attention to detail and care for each design and product they make for our events is brilliant! Look forward to working with you guys again soon

Cost & Value Engineering

At T-Rax, we believe that good design isn’t just about performance—it’s about delivering maximum value at minimum cost. Our Cost and Value Engineering approach ensures every product we create balances function, quality, and affordability. By analysing materials, processes, and design features, we help you achieve more with less—without compromising on strength, safety, or usability.

What is Cost/Value Engineering?

Cost/Value Engineering (C/VE) is a structured method for improving the value of a product by:

Reducing unnecessary costs – identifying areas where complexity, over-specification, or inefficient processes add expense.
Enhancing performance – ensuring the product does its job better, faster, or longer.
Balancing trade-offs – finding the sweet spot between function, durability, and production efficiency.

In short: it’s about creating products that meet requirements at the lowest lifecycle cost while maximising value for the user.

Why it matters

Lower production costs – through smarter material selection and simplified fabrication.
Faster lead times – by eliminating redundant steps in the process.
Greater competitiveness – more cost-effective products improve your market position.
Sustainable outcomes – less material waste and energy consumption.
Longer product life – designs that stand up to repeated use, reducing replacement cycles.

Our approach

1. Function Analysis
We break down the product into its core functions—what must it do, and what features are “nice to have” but add unnecessary cost?

2. Alternative Concepts
We explore alternative materials, geometries, and processes to deliver the same function more efficiently.

3. Value Prioritisation
We collaborate with you to rank functions by importance, ensuring essential features are preserved while cost is minimised.

4. Design Optimisation
CAD models are updated to incorporate simplified features, reduced weld lengths, standard components, and improved access for fabrication.

5. Validation & Testing
We prototype and test to ensure cost savings don’t compromise safety, load ratings, or durability.

Key strategies in Cost/Value Engineering

Material optimisation – selecting steel grades, sections, or thicknesses that meet performance needs without over-specifying.
Standardisation – using common components and finishes across products to reduce procurement and stocking costs.
Process efficiency – reducing welds, simplifying cuts, and minimising finishing steps.
Design simplification – eliminating non-essential features that add expense but no real value.
Lifecycle focus – balancing upfront cost with durability, repairability, and ease of recycling.

Let’s get started

What Our Customers Say

Having used T-Rax on a number of occasions I've always found them to offer a very professional and reliable service.

A huge thanks to the brilliant team at T-Rax for constantly supporting a range of our event work ! These guys attention to detail and care for each design and product they make for our events is brilliant! Look forward to working with you guys again soon

We have used T-Rax a few times over the years. Most recently they have assisted on the elements for our reception refurb. They have been helpful all through the ongoing process - great quality versus cost.

T-Rax fabricated some railings and a gate for one of our customers. They designed and manufactured the product, delivered it to site and assisted with the installation. I cannot recommend them highly enough - fantastic service from start to finish.

Good communication and quality products. Tom did everything he could to make sure the project delivered in the time frame we set out. Would recommend.

We use T-Rax for a plethora of fabricated bits and they always deliver exactly what we need. Fantastic service

Tom and the team supply bespoke industrial design legs for our rustic furniture company. We are extremely happy with the level of communication, designs and the high quality of bespoke items produced. Highly recommend! Thank you T-Rax