scope:

Purpose

The practices established in this document provide uniformity in identification and calculation of the major identifiable cost avoidance and cost reduction savings factors resulting from standardization projects.

Technical Requirement Identification

The practices detailed in this document provide for calculating savings and cost avoidance as a result of the following factors which are identified by their respective requirement identifiers:

NAS1524-1 Standardization Savings from Increased Quantity Purchases

NAS1524-2 Standardization Savings in Paperwork and Handling

NAS1524-3 Standardization Savings from Reduced Storage Requirements

NAS1524-4 Standardization Savings from Reduced Engineering Search Time

NAS1524-5 Standardization Savings from Using a Stocked Standard Part in lieu of Establishing a New Standard

NAS1524-6 Standardization Savings from Using a Stocked Standard Part in lieu of a New Design

NAS1524-7 Standardization Savings from Control and Reduction of the Number of Items in Inventory through Simplification or Use of a Supersedure Procedure

NAS1524-8 Standardization Savings from Using a Stocked Standard Part in lieu of a Nonstocked Part

NAS1524-9 Standardization Savings from Using a Design Standard in lieu of detailing the Data Completely on the Drawing