Product Suite

Supply Chain Glossary - V

Supply Chain Glossary - V

value-added network (VAN) or VAN

A network, often supporting EDI, providing services additional to those provided by common carriers.

The systematic use of techniques that identify a required function, establish a value for that function, and finally provide that function at the lowest overall cost. This approach focuses on the functions of an item rather than the methods of producing the present product design.

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