• MSACMT631A - Undertake value analysis of product costs in terms of customer requirements

Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

MSACMT631A Mapping and Delivery Guide
Undertake value analysis of product costs in terms of customer requirements

Version 1.0
Issue Date: April 2024


Qualification -
Unit of Competency MSACMT631A - Undertake value analysis of product costs in terms of customer requirements
Description This unit covers the knowledge and skills required by an employee who is required to analyse products and processes to determine the factors that most impact on meeting customer requirements. The analysis is in terms of cost factors and include options for improving cost efficiency. The unit also includes implementing identified changes that increase cost efficiency. The unit may be applied individually or in a team environment.In this unit an employee uses an analysis of the benefits/features which a customer perceives to be in a product/products as a basis for determining waste and so reducing waste.
Employability Skills This unit contains employability skills.
Learning Outcomes and Application In a typical scenario, an employee will choose a product, analyse the features/benefits obtained by customers from this product and the cost components relating to those benefits. From this waste will be determined and actions taken to reduce waste.This unit primarily requires the application of skills associated with communication in gathering, analysing and applying information. Problem solving, initiative and enterprise, and planning and organising are required to determine cost efficiencies. This unit also requires aspects of self management and learning to ensure feedback and new learning is integrated into costing methods.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.
Prerequisites/co-requisites MSACMT230A Apply cost factors to work practices
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities
Slides
PPT
Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Analyse customer benefits and determine waste
  • Determine features/benefits perceived by customer in product
  • Analyse cost components and determine those which deliver customer features/benefits and those which don't
  • Analyse waste cost components
  • Determine alternative ways of reducing waste costs
  • Select actions which maximise customer benefits and minimise costs
       
Element: Analyse production performance variance
  • Analyse required performance to meet customer pull
  • Determine actual cycle time/s and variability of cycle time
  • Analyse cause of waste in throughput
  • Analyse costs and determine methods of reducing costs/waste
  • Take actions required to achieve cost/waste reduction/s
       


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the assessment guidelines for this training package.

Overview of assessment requirements

The employee will select a product/range of products to analyse and determine waste in terms of any cost which does not contribute directly to an identified customer benefit/feature and then proceed to determine and implement methods of reducing this waste.

What are the specific resource requirements for this unit?

Access to a workplace implementing competitive manufacturing strategies. No other specific resources are required.

In what context should assessment occur?

Assessment will need to occur in a workplace.

Are there any other units which could or should be assessed with this unit or which relate directly to this unit?

This unit may be assessed concurrently with appropriate units on continuous improvement/kaizen.

What method of assessment should apply?

Assessors must be satisfied that the person can consistently perform the unit as a whole, as defined by the Elements, Performance Criteria, skills and knowledge. A holistic approach should be taken to the assessment.

Assessors should gather sufficient, fair, valid, reliable, authentic and current evidence from a range of sources. Sources of evidence may include direct observation, reports from supervisors, peers and colleagues, project work, samples, organisation records and questioning. Assessment should not require language, literacy or numeracy skills beyond those required for the unit.

The assessee will have access to all techniques, procedures, information, resources and aids which would normally be available in the workplace.

The method of assessment should be discussed and agreed with the assessee prior to the commencement of the assessment.

What evidence is required for demonstration of consistent performance?

Evidence should be available from a number of minor changes or from a single large change which had multiple facets and which was implemented over a period of months.


Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)


Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Required skills

calculation

communication

problem solving

analysis

numeracy

literacy

planning and organising

Required knowledge

customer benefits from products

performance and cycle times for products made

major costs which are controllable (and how to control them)

types of waste (muda)

methods of reducing waste (muda)

methods of reducing cycle time

desirability of improving performance and methods of reducing cycle time

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Waste

Waste (also known as muda in the Toyota Production System and its derivatives) is any activity which does not contribute to customer benefit/features in the product.

Within manufacturing, categories of waste include:

excess production and early production

delays

movement and transport

poor process design

inventory

inefficient performance of a process

making defective items.

Waste for this unit may include activities which do not yield any benefit to the organisation or any benefit to the organisations customers.

Performance

Performance may be thought of as the rate of output of the plant compared to the rate required to meet demand.

Cycle time

Cycle time is the normal time to complete an operation on a product.

Pull

Pull is the concept of producing to demand, rather than for stock or some forecast.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Determine features/benefits perceived by customer in product 
Analyse cost components and determine those which deliver customer features/benefits and those which don't 
Analyse waste cost components 
Determine alternative ways of reducing waste costs 
Select actions which maximise customer benefits and minimise costs 
Analyse required performance to meet customer pull 
Determine actual cycle time/s and variability of cycle time 
Analyse cause of waste in throughput 
Analyse costs and determine methods of reducing costs/waste 
Take actions required to achieve cost/waste reduction/s 

Forms

Assessment Cover Sheet

MSACMT631A - Undertake value analysis of product costs in terms of customer requirements
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:


Assessment Record Sheet

MSACMT631A - Undertake value analysis of product costs in terms of customer requirements

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: