Each material or information transformation activity which holds value from the client’s point of view, which responds to his needs. An added value step is a step which enhances the product and brings it closer to the final stage, where it can be « consumed ».
TLDR
- Added value steps enhance the product.
- Added value steps bring the product closer to its final stage.
- Added value steps respond to the client's needs.
- Added value steps hold value from the client's point of view.
- Material or information transformation activities can be added value steps.
- Added value steps can transform raw materials into a consumable product.
FAQ
What is an added value step?
An added value step is an activity that enhances the product and brings it closer to its final stage.
Why are added value steps important?
Added value steps are important because they respond to the client's needs and hold value from the client's point of view.
What type of activities can be added value steps?
Material or information transformation activities can be added value steps.
What is the goal of an added value step?
The goal of an added value step is to transform the product into a consumable form.
How do added value steps benefit the client?
Added value steps benefit the client by enhancing the product and responding to their needs.
What is the final stage of a product?
The final stage of a product is when it can be consumed.