Added Value often refers to the analysis undertaken by management of the cost and contribution made by employees involved at each stage in the process of producing a product or providing a service.

Related Articles

Enterprise Resource Planning at quality-database.eu■■■■
Enterprise Resource Planning (ERP) refers to software packages that attempt to consolidate all the information . . . Read More
Trend at quality-database.eu■■■■
In the context of quality management, a trend refers to a pattern, direction, or change in performance . . . Read More
Decision at quality-database.eu■■■■
A decision in the context of quality management refers to the choice made between two or more alternatives . . . Read More
Instrument at quality-database.eu■■■■
Instrument in the quality management context refers to a tool, device, or mechanism used to measure, . . . Read More
Study at top500.de■■■■
Study: In the industrial context, a study refers to a systematic examination or investigation of a particular . . . Read More
Framework at top500.de■■■■
"Framework" generally refers to a standardized set of rules, guidelines, or methodologies that can be . . . Read More
Root at top500.de■■■■
In vascular plants, the root is the organ of a plant that typically lies below the surface of the soil. . . . Read More
Accumulation at top500.de■■■■
"Accumulation" generally refers to the process of collecting or gathering items or data over time Here . . . Read More
Certification at top500.de■■■■
Certification is the provision by an independent body of written assurance (a certificate) that the product, . . . Read More
GMP at top500.de■■■■
GMP stands for "Good Manufacturing Practice." It is a set of guidelines that ensure that the products . . . Read More