ABSTRACT
Competition and challenges are rapidly growing in today’s global market. These drive the companies to produce customized products in smaller batches with higher quality, greater varieties, lower cost, and faster delivery. At the same time, customers’ needs change over time. This new situation compels the enterprises to organize themselves to form Virtual Enterprises (VEs) in order to maintain their competitiveness. A VE is an important manufacturing paradigm in the dynamic global economy. It is a special organization formed dynamically by enterprises to better satisfy their customer needs with lower prices. It allows member enterprises to cooperate and make full use of their core strengths to survive.
