Definition of Value Addition according to INVESTOPEDIA
The enhancement a company gives its product or service before offering the product to customers. Value addition is used to describe instances where a firm takes a product that may be considered a homogeneous product, with few differences (if any) from that of a competitor, and provides potential customers with a feature or add-on that gives it a greater sense of value.
INVESTOPEDIA EXPLAINS 'Value Addition' as:
A value addition can either increase the product's price or value. For example, offering one year of free support on a new computer would be a value-added feature. Additionally, individuals can bring value add to services that they perform, such as bringing advanced financial modeling skills to a position in which the hiring manager may not have foreseen the need for such skills.
At TECH 9, that is exactly what we have been doing since 2008.
We provide our clients with the value addition of ;
Better pricing using our own group sourcing branches in Europe, US and Far East
Better delivery times by liaising with the OEMs and Bulk Suppliers
Local payment terms
Dedicated staff for clients
Such combinations aim to create higher 'satisfaction index' coupled with the 'value addition' for all our partners.
Tech 9 Initiatives WLL KGH Building 'C' Ring Road Doha, Ad Dawhah Qatar ph: +974 4431 4771 CONTACT@TECH9INITIATIVES.COM