A FMBF Development Location
Fundamental to a free market is the concept of the cooperative exchange of goods, services and ideas between people and between businesses. It is this exchange and its natural consequence of continually improving efficiencies by utilizing technology that has driven human progress, and the development of successful modern societies. Easy, rapid, frictionless and specialized exchanges are essential to a free market. Every Forum Hub has a different purpose, structure, processes and participants with the intention of achieving this. In collaborating via a hub, your business has the ability to tap into the hub's network for its own benefit - and in so doing contribute to strengthening the network itself.
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Collaboration Hubs are purposed online member networks, each a community of enterprises that are connected to a central sponsor organization that serves as the custodian/administrator of that hub. The purpose of a hub can be any shared collaboration objective, such as supply chain integration, collaborative sourcing, procurement networks, or for managing the collaboration efforts of collectives such as business chambers and leagues. When you join a hub it means you can connect into that ecosystem and thus access the benefits it offers .
Open Hubs are online sub-communities administered by the forum, and can be joined by any member. Independent hubs are created by members utilizing the forum's digital backbone, and is administered by the member(s) that setup such community; membership of independent communities is subject to approval by the relevant sponsor. A typical example would be an independent operational services, production and distribution hub that is set up to create an integrated value chain by joining diversified businesses on the basis of location, scale and relevance.
To learn more about collaboration hubs, click here...