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  5. ADAPTIVE VALUE NETWORKS: Convergence of Emerging Tools, Technologies and Standards as Catalytic Drivers

ADAPTIVE VALUE NETWORKS: Convergence of Emerging Tools, Technologies and Standards as Catalytic Drivers

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03 Chapter1 by Shoumen Datta et al from EVOLUTION OF SUPPLY CHAIN MANAGEMENT published by Kluwer Academic Publishers 2004.pdf

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Author(s)
Datta, Shoumen
•
et, al
Alternative Title
ADAPTIVE VALUE NETWORKS: Convergence
Date Issued
2004
Publisher
Kluwer Academic Publishers
Citation
Chapter 1 in Evolution of Supply Chain Management
Abstract
Can we collapse information asymmetries and add value to networks or demand webs? Real-time operational adaptability is key, especially in fast ‘clockspeed’ industries. Confluence of emerging tools, technologies and standards are required to converge to catalyze the evolution of such adaptable enterprise.
Description
Real-time distributed data, in-network processing, Agent-based autonomy, if taken together, may tame the Bullwhip Effect. Can the (semantic) web catalyze the “Nash Equilibrium” of people and information in our quest for real time "predictive" decision support systems? We will explore a few of these issues and how they may converge and coalesce to enable the adaptive value network of the future.
Subjects
Adaptive value networks, Game theory, Bullwhip effect, Agent, Automatic Identification
MIT Department
Massachusetts Institute of Technology. Auto-ID Laboratory
Persistent DSpace Link
http://hdl.handle.net/1721.1/41908
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