Value added process

Process from which goods valuable to customers arise

Note 1: The goods in question may be not only physical in nature (such as raw materials, products) but even intangible (such as knowledge, data, services).

Note 2: Value assessment and pricing are not considered here.

Note 3: Value-creation processes are value activities according to Porter.

Sources:

• Michael E. Porter: Wettbewerbsvorteile (Competitive Advantage): Spitzenleistungen erreichen und behaupten. 3. Auflage. Frankfurt/Main, New York: Campus Verlag, 3593388502, 1992, S. 64-66
• Elemente der Prozessschrittbeschreibung aus der VDI 3682
• http://www.wirtschaftslexikon24.com/d/wertschoepfungsprozess/wertschoepfungsprozess.htm
• http://www.infpro.de/seite13.htm