WHY VIRTUAL INTEGRATION?
Today the vision for some manufacturers is to become virtual organizations, possessing just the brand and the client.
Shipments of the segments that your firm necessities can be effortlessly organized through the Internet or an arranged PC framework. A similar sort of course of action permits you to fully serve your customers in terms of ordering, services, and any other requirements.
SURAJ INFORMATICS
Suraj Informatics is an organization that delivers the Internet, wide-area networks, private IP networks, the Internet of Things (IoT), and other data exchange methods to get the most additional insight, enhance productivity, improve value chain and relationships with customers, and lessen the cost of downtime.
Business data is safely, proficiently, swapped between internal communications and B2B processes at Suraj Informatics.
Suraj Informatics provides the complete solution in achieving an evolutionary adaptation that is required for competitiveness. Using a Suraj Informatics strategy as part of digitalization allows a company to harmonize people, processes, and technical operations while enabling a wider collaborative work. By integrating your value chain and sharing information beyond the enterprise’s edge with its customers, suppliers, offices, and other value chain partners via the Internet, you have the ability to substantially streamline processes and increase profitability.
DIFFERENCE BETWEEN VIRTUAL INTEGRATION & VERTICAL INTEGRATION
Vertical integration is a business process in which a firm owns or controls its suppliers, distributors, or retail outlets in order to control the value or supply chain. Companies benefit from vertical integration because it allows them to control operations, cut costs, and increase efficiency whereas Virtual Integration is a type of value chain management that is fueled by IT. Under such a framework, the links of the value chain are connected by informal arrangements of action among customers and suppliers.
Vertical integration is a thing of the past; the future will be about virtual organizations operating within virtual supply chains. In contrast to traditional vertical “contractor-subcontractor” integration, virtual integration represents the decay of the traditional company.
Virtual integration is distinguished by value-added relationships between manufacturers and suppliers that are culturally diverse.
Supply chain partners can handle design, logistics, system development, product sourcing, and even final assembly. The goal is increasingly to replace physical assets with information so that every member of this extended supply chain benefits.