real-time enterprise

Companies whose information systems function like a 24/7 live camera on operations, where managers are instantly alerted to changes in inventory or to the availability of supplies, for example, based on current customer demand. Derived from the notion of "real-time computing," the concept of a real-time enterprise leads some companies to ditch proprietary interfaces and let customers access the actual storeroom of goods and services.

See also : enterprise  
NetLingo Classification: Online Business