Over the last decade, supply chains have evolved to keep pace with changing
business dynamics. This is especially true in high-tech electronics, where
companies depend on an extended value chain of component suppliers,
outsourced manufacturers, and logistics partners - not to mention
B2B-integrated customers - to coordinate vital inter-company design and
manufacturing processes. Adding to this complexity, business decisions are
more centralized, while outsourced supply networks are increasingly
distributed and global.
As a result, extended supply chains face the challenge of being adaptable
while integrating with distributed companies in real time to provide advanced
decision support. Several new technology developments have been inspired by
these challenges; the most notable is managing complex processes using Web
services for real-time application-to-application ... (more)