Glossary entry

French term or phrase:

étape de valeur

English translation:

stage of the value added process

Added to glossary by Joanne Watt
Sep 4, 2009 09:31
14 yrs ago
French term

étape de valeur

French to English Bus/Financial Economics
Le choc créé par la mondialisation dès le milieu des années 90 a forcé les grands groupes à découpler leurs lieux de production et leurs lieux de commercialisation, à se spécialiser autant par étape de valeur que par industrie.
Proposed translations (English)
3 +2 stage of the value added process
Change log

Sep 4, 2009 09:31: changed "Kudoz queue" from "In queue" to "Public"

Sep 5, 2009 09:24: Emanuela Galdelli changed "Term asked" from "Etape de valeur" to "étape de valeur"

Proposed translations

+2
1 hr
French term (edited): Etape de valeur
Selected

stage of the value added process

I think that valeur may mean valeur ajoutée (value added) here - and perhaps refers to specialised (components) production on separate sites (or buying in components from dedicated suppliers/plants) rather than everything being done from start to finish under one roof. Reading behind the text, it may be saying that large corporations are increasingly specialising at the top end of the value added process - assembling the components to produce the final products.

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Note added at 1 hr (2009-09-04 11:07:33 GMT)
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This being a cost reduction-driven process - which fits in with the globalisation theme.
Peer comment(s):

agree joehlindsay
16 hrs
thanks
agree George C.
1 day 2 hrs
thanks
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4 KudoZ points awarded for this answer. Comment: "Perfect - thanks!"
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