The Cloud & the Supply Chain: A Match Made in Heaven
Grazed from EBN. Author: Nicole Lewis.
The demands of extended global supply chains, along with the addition of new suppliers, have placed a greater burden on high-tech electronics manufacturers to collaborate with their partners as they use cloud computing technology to manage inventory, improve forecasts, and sharpen their competitive edge.
Many electronics companies have successfully designed a network that connects their partners and digitizes data that captures every aspect of a product lifecycle — from design, to the procurement of parts, to the manufacturing and distribution of the product. But a more pressing issue arises when high-tech companies seek to leverage their supply chain’s financial and operational data and create new business processes among partners to drive efficiencies and reduce costs…


