Value chain resource planning: Adding value with systems beyond the enterprise

Competition is no longer limited to the realm of the enterprise. Entire value chains are now starting to act as formidable entities, competing against each other for similar markets. The structure of these partnered communities are both increasingly idiosyncratic and hard to duplicate, which strengthens the sustainability of the competitive advantages of their constituents. But their effectiveness is only as good as the capabilities supported by interfirm ITs. ERP is at the core of these extended systems, though in reality their architectures reach far beyond that. Modern management now requires the consideration of novel Value Chain Resource Planning (VCRP) concepts in order to sustain forward momentum. [PUBLICATION ABSTRACT]