Getting Past the Hype: Value Chain Restructuring in the e-Economy
A Viewpoint by:
he rise of a global, real-time e-Economy has raised the stakes and expedited the timetable for value chain restructuring. True. The Internet has transformed the economics of entire industries, exposing inefficiencies and missed opportunities to the cold light of e-enabled competition. Brash, perhaps, but true. This new technology is so sweeping in its reach and sudden in its impact that you must e-overhaul everything you did yesterday to compete tomorrow. Please… T
The Internet is not a fad. It will not join MRP and ERP in the IT “legacy” books. It is a transformational technology that has lowered costs, eased communication, and dramatically expanded the realm of what is possible across markets — both geographic and industry. It has ushered in a new generation of faster, nimbler, and more responsive com- petitors and challenged the historic dominance of complex, vertically integrated business models.