Virtual Corporation

The logical extension of outpartneringThe process of involving the supplier in a close p.... With the virtual corporation, the capabilities and systems of the firm are managed with those of the suppliers, resulting in a new type of corporation where the boundaries between the suppliers’ systems and those of the firm seem to disappear. The virtual corporation is dynamic in that the relationships and structures formed change according to the changing needs of the customer1) In VMI, the trading partner or reseller, i.e., ....