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Identification of value-added processes help a company

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How does identification of value-added processes help a company run more efficiently and effectively?

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Solution Summary

The expert examines the identification of value-added processes to help a company run more efficiently and effectively.

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The idea of value added process is to add extra value to a product without adding extra cost.

For example:
- free tech support on new computers for a certain time period
- free installation of replacement unit for customers who keep a product for x years and want to replace it with a similar model from your company
- a complimentary 2 night stay at a hotel for anyway who ...

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