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The role of Cloud Computing in Supply Chain Management

Posted on 2023-04-13 17:06:13 by iNF
Technology Cloud Computing Supply Chain Management Collaboration Tracking Decision Making
The role of Cloud Computing in Supply Chain Management

Supply chain management is a complex process that involves the coordination of various parties such as suppliers, manufacturers, distributors, and retailers. It involves processes such as procurement, production, inventory management, and logistics. The traditional supply chain management process has been plagued with inefficiencies such as delays, lack of transparency, and poor communication among stakeholders. However, cloud computing has the potential to revolutionize the supply chain management process by enabling efficient collaboration, enhancing tracking and monitoring, and improving decision-making capabilities.

Collaboration Made Easier

Cloud computing has enabled supply chain managers to collaborate more efficiently by sharing information in real-time. Cloud computing platforms provide a secure environment for sharing information, making it easier for stakeholders to access the same information simultaneously. This helps in improving transparency, reducing delays, and enabling better communication between stakeholders.

Enhancing Tracking and Monitoring

Cloud computing has also enabled enhanced tracking and monitoring of the movement of goods across the supply chain. By leveraging IoT-enabled devices, supply chain managers can track the location and condition of goods as they move across the supply chain. This helps in identifying potential bottlenecks and delays, enabling managers to take corrective action in real-time.

Improving Decision-Making Capabilities

Finally, cloud computing has improved decision-making capabilities by enabling supply chain managers to access real-time data and analytics. By leveraging cloud-based analytics tools, managers can gain insights into various aspects of the supply chain such as inventory levels, demand, and logistics. This helps in making data-driven decisions and improving overall efficiency.

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