ALSO CALLED: Integration and VCI DEFINITION: The process in which multiple enterprises within a shared market cooperatively plan, implement, and manage (electronically and physically) the flow of goods, services, and information from point of origin to point of consumption in a manner that increases customer-perceived value and optimizes the efficiency
… Definition continues below.
VALUE CHAIN INTEGRATION DEFINITION (continued): … The process in which multiple enterprises within a shared market cooperatively plan, implement, and manage (electronically and physically) the flow of goods, services, and information from point of origin to point of consumption in a manner that increases customer-perceived value and optimizes the efficiency of the chain, creating competitive advantage for all stakeholders involved.Visit WhatIs.com - a knowledge exploration and self-education tool about information technology.
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