As an Amazon Associate I earn from qualifying purchases.

Virtual Operation Notes: Definitions & Explanations PDF | Download eBooks

Download Virtual Operation Notes App (Play Store) Download Virtual Operation Notes App (App Store)

Study Virtual Operation lecture notes PDF with supply chain management definitions and explanation to study What is Virtual Operation?. Study virtual operation explanation with SCM terms to review supply chain management course for online MBA programs.

Virtual Operation Definition:

  • An operation that performs few, if any, value-adding activities itself, rather it organizes a network of supplier operations, seen as the ultimate in outsourcing.

    Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston



Virtual Operation Notes:

A virtual business leads all or the majority of its business by means of the web and does not have physical premises to connect with clients eye to eye. A simply virtual organization may re-appropriate almost the majority of its business capacities, for example, item advancement, showcasing, deals, shipping, and so forth. Be that as it may, most virtual organizations hold a portion of these exercises in-house may even now require a physical nearness as central command, stockrooms, transportation and conveyance center points, and different capacities. The appearance of the web opened up a tremendous online commercial center for virtual business. The advancement of security conventions, for example, SSL in 1994 empowered touchy information, for example, charge card data to be securely transmitted over the World Wide Web (WWW) and online business detonated.

Keep Learning with Supply Chain Management Notes

What is Sustainability?

Maintainability centers around gathering the necessities of the present without bargaining the capacity of future ages to address their issues. ...

What is Clustering?

Locational cost-benefit volume examination is a strategy for deciding the volume of creation where an organization earns back the original ...

What is Indirect Process Technology?

Innovation that aids the administration of procedures instead of legitimately adds to the making of items and administrations, for instance ...

What is Kaizen?

Kaizen is a way to deal with making persistent improvement dependent on the possibility that little, continuous positive changes can ...

What is Production Order Quantity Model?

A generation arranging model with stochastic interest, consistent faulty rate and limit imperative is created to examine the generation issue ...

What is Cause-and-effect diagram?

This diagram is also known as the fishbone diagram. The firm's use this diagram examines the problems that might occur ...