Virtual Cost Reduction Events

Got an aggressive cost down target? We’ve got your back. CoLab makes it easy to run virtual cost reduction events, include more people, and start executing ideas sooner.

Talk to an expert

More ideas in the hopper

Before, you had to get everyone in one room to run a cost down event. Now, CoLab gives you an easy way to host virtual events and get more input from more people. Without any limits on who can participate (or when), doing VA/VE virtually lets your team unlock even more ideas.

More context, less confusion

Here’s the problem with sticky notes on a whiteboard: sometimes, ideas get lost in translation. With CoLab, you don’t have to waste time searching for answers to questions like, “what part number were they talking about when they wrote this?” You can comment directly on 3D models and drawings. That means more time to focus on actual engineering work, like implementing those changes in production.

Turn ideas into action

Cost-saving ideas only work if they get implemented, so we take the admin work off your plate and let you focus on executing. CoLab automatically records ideas as you create them and the Track feature gives you a bird’s-eye view of all your ideas in one place. So it’s easy to discuss, prioritize, or follow up on any idea at any time.

Johnson Controls delivers their VA targets 2 years in a row with CoLab.
"We get a better benefit out of doing it virtually than we would have on the factory floor. With our normal in person events we’d find more than 100 opportunities for value-add on the models we’re reviewing. This year with our virtual events in CoLab, we’re averaging over 200."

Brian Stauffer
Global Product Design Manager
Johnson Controls

Ready to upgrade your cost reduction process?

  • Host virtual events with more team members
  • Generate up to 100% more ideas per event
  • Simplify follow up and eliminate headaches

Test drive CoLab with a guided VA/VE workshop.


Deliver better products, faster.