Value Added: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Value Added

  • originally, the difference between the cost of bought-in materials and the eventual selling price of the finished product
  • loosely, the features that differentiate one product or service from another, and thus create value for the customer. Value added is a customer perception of what makes a product or service desirable over others and worth a higher price. Value added is more difficult to measure without a physical end product, but value can be added to services as well as physical goods, through the process of value engineering.
  • Also known as Added Value

Additional Resources

A Comparative Analysis Of Value-Added And Traditional Measures Of Performance: An Efficiency Score Approach
From the executive summary: ‘Stochastic frontier analysis is employed for a comparison of value-added and traditional measures of performance. Results indicate value-added measures are not significantly different from traditional measures of performance and thus little if any information is gained by replacing traditional measures with value-added measures. However, value-added measures...
Tags: Human Resources, Workforce Management, Analysis, Measure, Performance, Performance Management
White papers 2001-01-01
Value-added Selling?
Value-added, this word is used so much that it has become a cliché in business circles. There may not be a business in the world that doesn't claim to be a "value-added" seller. As economy has grown more complex and competitive, the demands of the customer and their subsequent definitions...
Tags: Sales, Sales Force Management, Sales Strategy
White papers 2003-01-01
USDA Offers Grants to Value-Added Enterprises
USDA will offer $20 million in grants to new value added enterprises, Sen. Charles Grassley, R-Iowa, announced. The new program, called the Value Added Agricultural Development Grant Program, will offer up to $500,000 in matching funds to producers proposing value-added enterprises. USDA's Rural Business Cooperative Service will award grants.
Tags: U.S. Department of Agriculture
Research articles 2001-03-12
Dairy diversifies
Single-servings added convenience to milk. Ingredients added flavor to ice cream. Butter added color-filled fun for kids of all ages, and consumers added indulgence to their list of desires, as dairy products enjoyed a year of surprises at every turn. Ever wonder if Dean Foods, now headquartered in Dallas,...
Tags: Ben & Jerry, beverage, cheese, dessert, Manufacturing
Research articles 2002-04-01
Captive Value Added
Value measurement entails comparisons. Comparisons to standards, such as financial ratios, are the most common in financial services. Although net income and return on capital are the standards most often used by insurers, they are not the best indicators of value for captives because they are only partly relevant to...
Tags: Quality, Business Operations, Corporate Insurance, Insurance Company, Comparison, Towers Perrin, Insurance
White papers 2001-02-01
Infosys added to the NASDAQ-100 Index
First Indian Company to Be Added into Any of the Major Global Indices
Tags: Infosys Technologies Ltd.
Research articles 2006-12-11
FT/S&P-Actuaries World Indices Quarterly Changes
NEW YORK--BUSINESS WIRE--June 29, 1998--Following its quarterly meeting held on 25 June 1998, the World Index Policy Committee WIPC announced the following changes, effective on 3 August 1998:Australia: one (1) stock will be added to the index.Germany: two (2) stocks will be added to the index (one isan additional line...
Tags: Company, deletion, FINANCE, Goldman Sachs & Co., Insurance, Investment, S&P, stock
Research articles 1998-06-29
PacificNet Launches iPACT at China's 2005 Voice Value-added Service Conference; New IVR-Alliance Program to Capitalize on Growing Popularity of Value-Added Telecom Services
BEIJING -- PacificNet Inc. (Nasdaq:PACT) announced today that it has launched its new IVR-Alliance program called "iPACT" at the 2005 Voice Value-added Service VAS Conference, the leading event for value-added telecom services in China. The event was sponsored by the Value-added Service Committee VASC of the China Association of Communication...
Tags: industry
Research articles 2005-07-05
Woolworths Limited Selects i2 as IT Supplier of the Year for Value Added
Customer Recognizes i2 for Value Added Supply Chain Implementations
Tags: i2 Technologies Inc., information technology, Woolworths
Research articles 2007-01-08
Value Added Service Is A Team Sport
Value added peak competitors believe that serving customers is a team sport. Successful teams offer value added solutions that satisfy customer’s needs while contributing to their company’s profitability. These results-oriented work groups offer team members the opportunity to feel like they are an important part of something bigger than themselves....
Tags: Team, Team Management, Management
White papers 2000-01-01
What Is Value Added Selling?
Article discusses that value added selling is a proactive philosophy of seeking ways to enhance, augment, or enlarge your bundled package solution for the customer. It’s promising a lot and delivering more, always looking for ways to exceed the customer’s expectations. It explains that value added selling happens when customers...
Tags: Solution, Article, Sales Strategy, Sales Force Management, Sales
White papers 2001-01-01
Verenium Added to Nasdaq Clean Edge U.S. Index
ENERGY RESOURCE-17 September 2007-Verenium Added to Nasdaq Clean Edge U.S. IndexC2007 JeraOne - http://www.jeraone.com Verenium Corporation, a developer of cellulosic ethanol technology and a pioneer in the development of high performance specialty enzymes, is being added to the Nasdaq Clean Edge U.S. Index CLEN and the NASDAQ Clean Edge...
Tags: Leadership, Manufacturing, Nasdaq Stock Market Inc.
Research articles 2007-09-17
Lift for producer-owned value-added businesses.(grants from the U.S. Dept. of Agriculture)(Brief Article)(Statistical Data Included)
Producer-owned value-added businesses get a lift from USDA. $33 million in grants to produce value-added goods... flame-resistant clothing and cups made from corn-based fibers, dairy bottles made from corn-based plastics and new energy sources through agricultural commodities, such as ethanol produced from corn. Proposals...
Tags: NETWORKING, U.S. Department of Agriculture
Research articles 2002-06-28
Harris Corporation Computer Security Tool Added to Federal Procurement Contract; STAT Scanner Added to Hewlett-Packard PCHS-2 Contract
Business Editors/High-Tech Writers
Tags: computer, computer security, Harris Corp., Hewlett-Packard Co., procurement, security tool, tool
Research articles 2003-03-18
Toyota program.(Briefly Noted)
Toyota Program: New sites have been added to the Toyota Family Literacy Program targeted at Hispanic and other immigrant families. New sites will be added at three schools in Santa Paula, Calif., which together will get almost $600,000. In addition, programs will be added in four...
Tags: Toyota Motor Corp.
Research articles 2006-04-27
Quality in 3D: EVA, CVA, and employees. (economic value-added, customer value-added) (From FEI)
The quality program driving AT&T in the 1990s focuses on economic value-added EVA, customer value-added CVA and employee satisfaction. EVA is used by the firm not only as a measure of shareholder value, but also as a measure of major business deciThe quality program driving AT&T in the 1990s focuses...
Tags: 3D, AT&T Corp., employee satisfaction
Research articles 1993-07-01
Tyson to be added to S&P 500
SPRINGDALE, ARK. -- Tyson Foods Inc. said it will be added to the S&P 500 once Chevron has completed its acquisition of Unocal. The S&P 500 is an index of stocks selected by Standard & Poor's for their market size, liquidity and industry group representation. The S&P 500 is considered...
Tags: FINANCE, S&P, Tyson Foods Inc.
Research articles 2005-08-22
FDA calls for comments on CSPI's added sugars petition
FDA is calling for comments on a petition submitted by the Center for Science in the Public Interest CSPI. The petition requested that FDA establish a Daily Reference Value DRV for added sugars with a corresponding Daily Value, require the declaration of added sugars, and revise criteria pertaining to nutrient...
Tags: FDA, petition
Research articles 2000-07-03
Economic Value Added
Economic Value Added is the financial performance measure that comes closer than any other to capturing the true economic profit of an enterprise. Read the article to know more about EVA as an important element in making decision.
Tags: Webster University, Economic Value Added, Economic Value-Added Analysis, Finance, Managerial Accounting
White papers 2003-01-01
More Entertainment Added to Free Family Zone At Fan Fair; Jessica Andrews, Billy Gilman, PBS Series ``Between The Lions'' and Concerts Added to Carnival, Texas Show and Barbecue Cook-Off
Entertainment Editors
Tags: entertainment, PBS
Research articles 2001-06-05
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