September 2010
Intermediate to advanced
288 pages
10h 16m
English
Content preview from Logistics and Supply Chain Management, 4th Edition
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LOGISTIC S & SUPPLY CHAIN MANAGEMENT
144
strengths to the overall value creation and value delivery system. This process
is being accelerated as the trend towards outsourcing continues. Outsourcing
should not be confused with ‘subcontracting’ where a task or an activity is simply
handed over to a specialist. In a way it would be better to use the term ‘in-sourc-
ing’ or ‘re-sourcing’, when we refer to the quite different concept of partnering that
the virtual supply chain depends upon. These partnerships may not be for all time
– quite possibly they exist only to exploit a specific market opportunity – but they
will be ‘seamless’ and truly synergetic.
The role of information in the virtual supply chain
Leading organisations have long ...
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