Why is sequencing done after the map is complete and not during the mapping?
Sequencing puts people into a linear mode of cognitive processing - what some people think of as "left brain" thinking. Trying to sequence during the mapping means that people get "stuck" or locked into thinking in a linear mechanistic way. That defeats the purpose of the network perspective.
Value network mapping uses the more holistic cognitive talents of the brain, called by some "right brain" thinking. VNA draws on our underused and under-appreciated cognitive capability to see patterns in business relationships. It is much harder to move to holistic thinking from a linear mode than the other way around. You want to engage the right brain pattern seeker before narrowing focus into the linear work of sequencing.
Sometimes the transactions with intangible deliverables don't seem to have a sequence because they happen all the time. For example, two groups share some kind of knowledge, and because they are partners, they need to share all the time. How should this problem be handled?
Yes, such transactions do tend to repeat and continue over time. For purposes of sequencing you would consider a typical scenario as if you were telling a story. In that story, identify when the very first instance of that intangible deliverable occurs.
Another way to work with this is to "unpack" big terms such as "strategic knowledge" into more specific deliverables such as "yearly revenue projections," or "monthly sales forecast," or "proposal review."