A modeling framework for agile and interoperable virtual enterprises

The virtual enterprise (VE), in general collaborations among business partners in value chains, has become a prime candidate model for competitiveness under the increasingly turbulent business environment. In order to quickly respond to the rapidly changing business environment, agility and interope...

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Bibliographic Details
Published inComputers in industry Vol. 57; no. 3; pp. 204 - 217
Main Authors Kim, Tae-Young, Lee, Sunjae, Kim, Kwangsoo, Kim, Cheol-Han
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.04.2006
Elsevier Sequoia S.A
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Summary:The virtual enterprise (VE), in general collaborations among business partners in value chains, has become a prime candidate model for competitiveness under the increasingly turbulent business environment. In order to quickly respond to the rapidly changing business environment, agility and interoperability are the main requirements for the VEs. This paper suggests a framework for designing the agile and interoperable VEs. Existing approaches, such as enterprise architecture, model driven architecture, domain specific methodology, meta-modeling, framework-based development, etc., are reviewed, revealing that none offers a complete solution that supports all the aspects of the VE modeling in an elegant manner. Thus, this paper develops a systematic modeling framework by harmonizing these approaches and combining the individual advantages of each approach to produce integrated synergy effects. This modeling framework can be used for business managers or business domain experts to build an agile and interoperable VE quickly and systematically with insights. It also supports a coherent enterprise modeling in which various stakeholders having their own aspects and methodology, such as an IT manager and a business manager, can communicate effectively.
Bibliography:ObjectType-Article-2
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ISSN:0166-3615
1872-6194
DOI:10.1016/j.compind.2005.12.003