Innovation in industry: revolution 4.0 and modernization trends
11 Aug 2023
October 2017 | by Sky.One Solutions
Cloud computing has provided effective resources for activities related to the supply chain. The benefits that this technology is offering to the sector have allowed a new path, in which new services focused on existing operations are being created.
The trend is for more and more companies to adopt some level of cloud computing for strategic growth. Therefore, we will highlight four important areas directly benefited by cloud computing.
Cloud-based management tools are available to identify expenses in detail, perform important analysis, plan production and perform statistically based demand forecasts. Applications focused on retail supply chains, for example, already feature functionality that includes planning and allocation, variety and space, pricing and promotion, forecasting and replenishment.
Warehouse and transportation management systems are now available online from cloud providers like Amazon. These applications feature functions such as network strategy, inventory management, warehousing and transportation. These features enable, for example, companies to meet global trade compliance requirements, carry out replenishment planning, order processing, load definition, fleet management and transportation route planning, all remotely, from any location. local, using the Internet.
Cloud computing has represented a great opportunity to reduce costs. One of the main reasons for this is that cloud-based tools are collaborative and accessible, creating important benefits for companies that deal with a large number of suppliers. A good example is the collaboration between companies, which allows the joint development of contracts with suppliers, thus increasing efficiency in contract management.
Many companies have a poor performance in the management of services and control of spare parts, despite this area having a great responsibility in the profits of an organization. Companies can gain significant benefits by using cloud computing to upgrade their capabilities and implement new processes in distribution and parts inventory control, without increasing costs and capital expenditures.
By directing efforts to move to the cloud, companies are showing that they can rapidly deploy and operate applications that are secure and inexpensive, while enjoying lower maintenance and upgrade costs throughout the cycle.
Process management is also improved, as cloud computing offers a highly collaborative framework with secure data storage and the opportunity to implement streamlined and standardized processes. An added advantage is elasticity, allowing you to scale your infrastructure with minimal waste of time and capital, and even switch applications entirely without much cost or complexity. This brings the ability to enter new markets or launch new services quickly.
The question now is not whether cloud computing will become a key technology for years to come. The question is when will companies benefit from the capabilities the cloud offers . If your organization hasn't yet begun its journey to the cloud, now might be the time to start crafting your migration blueprint.
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This content was produced by SkyOne's team of cloud and digital transformation experts.