Value Added Services

Services that are provided by a supplier in the total package that they are supplying. For example, for given materials/services, it may be that the supplier is offering to add job site deliveries, training meetings with your company’s employees, consignment inventories, contribute research and development efforts to your company, put an on-site representative to work on expediting and order placing, etc. These additional services are outside the normal scope of service that is usually given when purchasing the commodity in the past, and may or may not have an additional cost associated with them.