Value Chain Integration

ALSO CALLED: Integration, 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 of the chain, creating competitive advantage for all stakeholders involved.

Visit WhatIs.com - a knowledge exploration and self-education tool about information technology.