...Patanjal Kumar; Dheeraj Sharma; Peeyush Pandey Purpose Supply chain network is complicated to manage due to the involvement of a number of agents. Formation of virtual organization using Industry 4.0 (I4.0) is an approach to improve the efficiency and effectiveness and to overcome the complexities...

... in the decision‐making process within the network. In such a network, all the partners usually have almost equal capacity and capability and are SMEs. The formation of a business network usually follows two main steps – business community (BC) and virtual organization (VO). In BC, the probable partners...