That’s why, at LCM, we have a thoughtful VE approach developed through decades of experience manufacturing hospitality furnishings.
How Our Value Engineering Strategy Is Different
Here is a brief look at how we approach VE with each client.
Designers
Our furniture engineers understand your design intent and have the expertise to create your vision as you design it. We can recommend options that will increase the value of your creations and, in some cases, enhance what you’re trying to accomplish at a lower cost.
However, we will never suggest anything that will compromise your design’s vision, aesthetics, or quality.
Procurement
At LCM, we understand that while VE is an integral part of what you do, it’s equally critical to work with Design and Ownership to deliver high-quality, beautiful goods on time and within budget.
LCM has developed a process that will not waste your time but will create value. We do this by only proposing tested options that may look and perform the same, helping you meet the aesthetic goals while staying on budget.
Our furniture experts ensure you get the highest possible value without compromising on quality, so your clients fall in love with the beautiful furniture we build for them.
Ownership
If you could review the thousands of projects our team has completed that needed VE, you would never guess because of the speed and quality we delivered. We make the process seamless and painless so you have the casegoods and seating you need in time to welcome your guests.
Our Team Members Proactively Communicate
LCM’s subject matter experts eliminate messy, time-consuming, and expensive miscommunications through weekly status updates that show you exactly what is happening each step of the way. You will know what we’re working on and what is needed to keep the process running smoothly.
Many delays in the hotel furniture manufacturing process can be avoided with good communication. Our team members proactively reach out to you to avoid allowing unanswered questions or critical decisions to slow down the process.
Additional Ways We Provide VE
Here are four of the ways LCM achieves the outstanding quality you see in the finished furnishings for great prices.
We Leverage Technology
With team members and clients in various locations, seamless communication, accurate information, and connection are essential. LCM leverages best-in-class cloud-based technology such as NetSuite ERP. This allows us to run and manage multiple business applications with easy access from any location.
Our dedicated, internal IT team turns challenges into client solutions. They handle our day-to-day technology needs and solve onsite and remote employee challenges.
Supplier Competition
Competition is an opportunity for us to improve and get better. Rather than compete with other hotel furniture suppliers, we focus on continuous learning and improvement to deliver better results for our clients.
To fight the stagnant forces of complacency and the status quo, we are constantly competing against our past performance. We create case studies and best practice reports to find ways to improve, now and in the future.
Negotiation Strategies
We are a family-run business built on long-term relationships. We see each client as a valuable member of the LCM family.
We negotiate in a fair and reputable manner, focusing on win-win outcomes. We want our clients to know we look out for their best interests and care about their success.
Optimized Procurement Practices
Speed and accuracy are essential to consistent and on-time results. This is why LCM is a company of systems, processes, and procedures. We structure for success by supporting our project management team with the resources they need to excel.
Our team is always looking for new, innovative ways to improve the procurement process with our clients. We don’t settle for good; we strive for excellence and to be our best.
Value Engineering is the Optimization of Quality and Price
When you need to furnish a hotel, you want to see the designs realized in durable, high-quality materials on time and for a price that meets your expectations. At LCM, our value engineering analysis centers around delivering a final product that owners, designers, and guests will love while meeting the realistic limitations of a project. Connect with us to discuss your projects today.