Harnessing the Power of Value Working with you to overcome challenges for a better tomorrow Functional analysis brings product we have identified improved value in sources improvements and lowers costs such as bill of materials (BOM) or other cost drivers within the supply chain. We target a cost reduction in the range of 15 to 25%; Medical device companies are constantly however, we have reduced costs as much as challenged to rethink efficiencies and 30% in some cases for clients in the medical cost savings during the product life cycle. space and across other major industries. Changing economies, competition, and healthcare systems are among the pressures these businesses face. Value Engineering (VE) is a systematic and function focused decision Why partner with us? process for responding to these hurdles while keeping the core product intact. • Multidisciplinary standard procedures and frameworks based on past medtech OEM As part of our comprehensive engineering projects solutions, we at Cyient provide this • 75+ VE-certified specialists across major structured methodology for optimizing value, industries to analyze productivity and function, and performance of products and functional savings without compromising subsystems. These standardized techniques performance can lead to refining products by removing • In-house and sourcing features that are not needed, reducing costs capabilities and global service and supply by sourcing alternate materials from low-cost network for capitalizing on low-cost country suppliers, and lowering weight. In some cases, advantages

Process and Analyses Methods

Function Detail Prototyping Presentation Information and Analysis and Designing and and Other and Supporting Pre-concepting Creative Evaluation Development Launch Market research Ideation Manufacturing Ordering parts Pilot build support Benchmarking Re-engineering drawing Vendor Customer studies Retrofitting Modeling interaction education Voice of Design Expediting Design session customer baselining validation manufacturing Manufacturing Tear down Design and cost Prototyping engineering analysis optimization support support Regulatory Tolerance Physical testing Product compliance stack-up support realization studies studies Design support Motion analysis optimization Key Service Offerings

• Cost, material, and variant reductions • Performance and functional enhancements • Design, product, and engineering optimizations • Alternate manufacturing processes • Reverse engineering • Redesign

Success Stories

Leading Portable Dialysis RO Leading Dental Health Care Product The client engaged us to reduce the Our client approached us to evaluate cost overall cost of the product, make functional reduction opportunities without affecting enhancements, and ensure that the design current manufacturing processes, function, changes didn’t affect the regulatory and design. The product is the client’s core requirements. revenue generator, so we were aware that certain design changes could risk the client’s Our team optimized the BOM, CAD models business and possibly their regulatory status. and drawings, electrical schematic and wiring diagrams, PCB Gerber file, and then developed prototypes. We assessed Utilizing a Six Sigma process within the value suppliers, updated DHF/DMR, and reduced engineering method, the team completed the disinfection cycle time so that the same sub-assembly design changes. This yielded dialysis machine could do more cycles. a $2 million annualized material savings and $1.5 million yearly savings in manufacturing We also reduced the overall size and weight process when implemented. of the machine and added features such as a leak detection mechanism and end-to-end machine disinfection. Additionally, we reduced the maintenance costs by minimizing the failure of the components. This resulted in an overall product cost reduction of 20%. About Cyient Contact Us

Cyient is a global provider of engineering, NAM Headquarters manufacturing, data analytics, networks and Cyient, Inc. operations solutions. We collaborate with our 330 Roberts Street, Suite 400 clients to achieve more and shape a better East Hartford, CT 06108 tomorrow. USA T: +1 860 528 5430 With decades of experience, Cyient is well F: +1 860 528 5873 positioned to solve problems. Our solutions include product development and life cycle EMEA Headquarters support, process and network engineering, and data transformation and analytics. We Cyient Ltd. provide expertise in the aerospace, consumer, High Holborn House energy, medical, oil and gas, , heavy 52-54 High Holborn equipment, semiconductor, rail transportation, London WC1V 6RL telecom and utilities industries. UK T: +44 20 7404 0640 Strong capabilities combined with a network of F: +44 20 7404 0664 more than 13,500 associates across 38 global locations enable us to deliver measurable and APAC Headquarters substantial benefits to major organizations Cyient Limited worldwide. Level 1, 350 Collins Street Melbourne, Victoria, 3000 For more information about Cyient, visit our website. T: +61 3 8605 4815 F: +61 3 8601 1180

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© 2016 Cyient. Cyient believes the information in this publication is accurate as of its publication date; such information is subject to change without notice. Cyient acknowledges the proprietary rights of the trademarks and product names of other companies mentioned in this document.

Updated July 2016