The Web helps build a sense of community among the various
participants in the value chain by bringing together professionals with
shared interests and providing forums for interaction between them.
See examples of these sites by following
While these websites may not be sufficient to develop
robust communities, they help build the foundation for this.
Through the Web, virtual value chains such as that shown below
may be established that shorten the links in the physical chain by bringing
communities of buyers and sellers in a dynamic, interactive environment
where business can be done faster and more efficiently. The web provides
a relatively inexpensive way of disseminating and gathering information
on products and services.
Examples of construction-specific vendor directories are provided by this link.
COMMUNICATION AND INFORMATION CONDUIT
Several software tools are available that facilitate the flow of
information among various members of the value chain. These range in
sophistication from electronic forms (E-FORMS) to groupware and
synchronous collaboration tools.
Many software companies have begun to leverage the power of the net
to extend the shared space of the project team, thereby alleviating the
paper-based, sequential flow of information prevalent in the physical value
chain, facilitating data-sharing and allowing direct (virtual) links to be established among team members.
This link offers examples of such tools along with
actual case studies.