Value-Added Activity

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Value-Added Activity

An activity that increases the value of a product at a given stage in a production cycle or supply chain. For example, a timber company cuts down trees, which adds value to the wood because it can then be used. It may then sell the timber to a miller, who adds value by refining the timber into planks of wood. A carpenter who buys the planks adds value by making them into a table, which can then be sold to a customer. The concept of value added is most important in countries and other jurisdictions that have a value-added tax.
References in periodicals archive ?
The aim is to contribute to increased exports by (i) transport services via reliable outbound infrastructure [neatly] fitting [in] East-West and North-South corridors, and (ii) manufactured products through greater access to finance for private sector agents engaging in higher value-added activities," he noted.
The reality is completely different as developing countries keep locked in low value-added activities, while the firms at the top of the chains located in advanced economies benefit.
Involve CSRs in the business: less time spent on manual data entry will give the companys five CSRs the ability to participate in more value-added activities instead.
This will also help in achieving structural transformation and generating economic growth by shifting resources from low value-added to high value-added activities,' the study said.
Matching grants will be used to crowd in investments by local farmers in higher value-added activities.
That is why the Bank has supported the Government of Liberia to achieve this important development milestone, which will contribute to jobs by increasing local fish landing and value-added activities.
(ed) (2013) Manufacturing Europe's future, at http://bruegel.org/2013/10/manufacturing-europes-future/) illustrates how the European economy is taking advantage of new technological opportunities, and is reshaping into international value chains to revitalize and refocus on high value-added activities. However, this revitalization process is slow and remains concentrated in few firms and few countries.
The three-day event comprises a one-day travel trade mart and one-day conference, along with other value-added activities that facilitate networking and relationship building.
The VAPG program helps agricultural producers, including cooperatives, enter into value-added activities related to the processing and/or marketing of new products.
[USPRwire, Wed Nov 18 2015] Throughout 2014, the Samoan travel industry experienced a year of slow growth characterised by limited business opportunities and a saturated leisure market that offers few high value-added activities. This was compounded by the ongoing recovery efforts following Cyclone Evan, which left many hotels' doors closed as restorations and renovations continued.
They describe a set of value-added activities that address specific areas that are notorious for causing friction to achieve project and organizational success.
According to the statement, the agreement contributes to achieving the government's goal in converting Egypt into a logistics centre for grain storing and trading, as well as practicing logistics and value-added activities, like manufacturing grains and strategic food products.