IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Virtual Enterprise Organization

Virtual Enterprise Organization
View Sample PDF
Author(s): Luís Carlos M. Pires (Instituto Politécnico de Bragança, Portugal), José Dinis A. Carvalho (Universidade do Minho, Portugal)and Nuno A. Moreira (Universidade de Trás-os-Montes e Alto Douro, Portugal)
Copyright: 2006
Pages: 10
Source title: Encyclopedia of E-Commerce, E-Government, and Mobile Commerce
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-799-7.ch189

Purchase

View Virtual Enterprise Organization on the publisher's website for pricing and purchasing information.

Abstract

Competition among enterprises is changing. Initially competition was made between individual production systems. Now we are assisting to development of another kind of competition between production systems organized according to virtual enterprise (VE) concepts. This new focus is motivated by several aspects. The new global markets and the evolution of technologies and communications accomplished by the unpredictable consumer’s attitude may be pointed out as the most relevant. Understanding social, economical, and technological changes, and taking advantage of them, is the path that will allow production systems to sustain their competitiveness. In this path, enterprises must make radical modifications, both inside their boundaries and also in their relations with partners and competitors. Coordination of participants in new forms of organization, such as virtual enterprises, global manufacturing, and logistics networks, and other company-to-company alliances, has become functionally and strategically important (Gunasekaran, Williams, McGaughey, 2005). The definition of each participant function in the organization and overall information exchange have become key components in their manufacturing strategies.

Related Content

Simriti Popli, Gabriel Wasswa. © 2024. 12 pages.
Pooja Lekhi. © 2024. 8 pages.
Shailey Singh. © 2024. 12 pages.
Shailey Singh. © 2024. 9 pages.
Tanuj Surve, Tuan Nguyen. © 2024. 17 pages.
Pawan Kumar, Sanjay Taneja, Mukul Bhatnagar, Arvinder K. Kaur. © 2024. 17 pages.
Azadeh Eskandarzadeh. © 2024. 15 pages.
Body Bottom