Supply chain management in the cloud

Grazed from Accenture. Author: Editorial Staff.

New cloud computing technologies are enabling breakthrough innovations in supply chain management (SCM) applications delivered via software as a service (SaaS) models. As a key enabler in this new digital world, cloud computing can have a transformational impact on the business and the supply chain operating model by enabling data and analytics, mobility and social media functions.

Cloud computing helps organizations realize major benefits from key marketplace trends that are redefining traditional supply chain networks, including volatility as the new normal, surging data volumes, industrial-grade digital technologies and the arrival of end-to-end visibility. Most supply chain strategies date back to when the business environment was more stable…

With predictable business cycles, competent management teams could navigate the challenges and still focus their supply chain strategies on cost reduction. They did so partly by establishing low-cost manufacturing in locations far from core markets, rationalizing the supplier base, reducing inventories by integrating partners into an ecosystem and applying lean principles to their processes…

Read more from the source @ https://www.accenture.com/za-en/insight-supply-chain-management-cloud.aspx