VIRTUAL SUPPLY CHAINS

Virtual Supply Chains

Virtual Supply Chains

Virtual supply chains

Virtual supply chains are increasingly popular because they offer a company greater flexibility than the alternatives. Although it may not be difficult to design and implement such a chain, there are several natural organizational phenomena that over time render the supply chain less virtual. Virtual supply chains may hold the key. These systems are designed for flexibility, complexity and speed in managing networks of suppliers, manufacturers, distributors and warehousing agents virtually. Common system protocols which allow efficient communication, collaboration and coordination amongst the different vendors will let everyone work together as if they ...