Design of electronic commerce workflow model adapted to restructuring value chain for trading costs saving

This paper introduces an approach dealing with restructuring value chains due to the advent of electronic commerce. The approach is based upon workflow technology enabling flow of data and control over cross-organizations. In order to describe the procedure of a restructured value chain that processes inter-organization transactions, we used a virtual value chain model having four nodes, such as consumer, merchant, delivery, and manufactory, that are logically hooked on the Internet. We have strong belief that the workflow technology merged into the electronic commerce will be effective in terms of restructuring market value chains and reducing costs of processing cross-organizational transactions.