Virtual Factory

A changed transformation processA series of time-based activities linked to comple... most frequently found under the virtual corporationThe logical extension of outpartnering. With the v.... It’s a transformation process that involves merging the capabilities and capacities of the firm with those of its suppliers. Typically, the components provided by the suppliers are hose that are not related to a core competencyBundles of skills or knowledge sets that enable a ... of the firm, while the components managed by the firm are related to core competencies. One advantage found in the virtual factory is that it can be restructured quickly in response to changing customer1) In VMI, the trading partner or reseller, i.e., ... demands and needs.