Supply Chain Management

 
 
 
 
A virtual university is an excellent concept from the perspective of effective supply chain planning and control. Whereas a regular bricks-and-boards university must not only attract willing students, it must bring them in from around the country, house them, feed them, and provide education in the form of classroom and laboratory instruction. All of these processes cost a substantial amount of money and require a large investment in terms of buildings, campus, teachers' salaries and contracts, and many more commitments. A virtual university, on the other hand, only needs to attract the students and find teachers willing to teach in a virtual environment. There are no campus, no classroom buildings, no dorms, no food service, and no travel involved. Moreover, students do not have to travel to and from the university, so they can be enlisted from anywhere in the world. A virtual university operates asynchronously, so the students and the teacher do not even have to be in the same time zone; the students "attend class" at their own convenience when the teacher is offline. The virtual university, then, greatly streamlines the supply chain and its co


     
 
 
 
    

 

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