Virtual manufacturing network
A Virtual Manufacturing Network (VMN), also known as Global Manufacturing Virtual Networks (GMVN), are a collaborative network where multiple manufacturing entities—ranging from original equipment manufacturers (OEMs) to component suppliers—cooperate through ICT infrastructures to function as an integrated supply network, despite not being under single ownership. VMNs enable participating firms to specialize in core competencies while outsourcing non-core tasks, thus reducing expenses.
The progression from VMNs has led to the emergence of Dynamic Manufacturing Networks (DMNs), which offer rapid reconfiguration in response to market or supply chain changes.