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What is Virtual Construction Enterprise (VCE)

Encyclopedia of Networked and Virtual Organizations
Advanced form of cooperation among different construction companies (the business units) promoting temporary joint ventures as a means to rationalize costs on particular project(s).
Published in Chapter:
Supply Chain Integration in Construction Industry
José Telhada (Universidade do Minho, Portugal), Tiago Pinho (Universidade do Minho, Portugal), and Maria Sameiro Carvalho (Universidade do Minho, Portugal)
Copyright: © 2008 |Pages: 6
DOI: 10.4018/978-1-59904-885-7.ch207
Abstract
Although logistics activities have been carried out by individuals for many centuries, only a few decades ago, logistics has been seen as a new area of integrated management, that is, to think about products and services flowing seamlessly from the sources of raw materials to the final consumers (Ballou, 1999). The supply chain management (SCM) consists of the integration of the business logistics management processes involving not only units within an enterprise but also across units belonging to both upstream and downstream partners, such as suppliers, customers, and logistics service providers.
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