The Philosophy of Supply Chain Management in the New Economy: Net Readiness in the Net Supply Chain
New principles of operation are applied by new economy enterprises. Within the Time Based Management an ever-increasing effectiveness is guaranteed in the implementation of the Internet. Physical, informational and financial flows are present on the logistics pipeline. Virtual organizations are treated as production systems used to create products and satisfy customers’ needs. These virtual organizations utilize a concrete supply that is input and output to satisfy the needs and ensure expected profit. Users, telecommunications businesses and suppliers are the three groups of enterprises that utilize Internet infrastructure. They offer a wide variety of services to both traditional and virtual enterprises, which is based on the ‘5C’. Based on the flow of goods and services the created virtual chain is connected with traditional supply chain. The synergy effect of traditional business...
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