As the e-commerce biggies have already set the consumer expectations for rapid home delivery, cloud based supply chain companies have started realizing that it’s time they adopted the cloud computing to keep pace. By doing this, they revamp their transportation and logistics systems so as to meet their customers’ timely delivery expectations.
Nonetheless, customers have become smarter and know the score when it comes to technology. They are consistently expecting for improved and high-end delivery services. These rising demands have called for the synthesis of a next-gen cloud-based, Software as a Service solution for the supply chain industry. The cloud-based solutions will enable the companies with an end-to-end product delivery and implementation capabilities in a more cost-effective manner. Almost all the first-rate software vendors across various industry spectrums are geared up to expand their functional proficiencies to enhance the supply chain management requirements, right from the fleet to financial management.
The impetuous growth of the home delivery business has been the pressure point for the industrial and B2B world from the past decade. The thought leaders should be able to perceive the wavering face of the consumer retail market and keep an eye out on the growing number of packages piling up in their warehouses. Cloud based supply chain management has revolutionized the traditional delivery method.
Delivering the right package to the right place at the right price and not to mention at the right time is the fundamental concern for every e-commerce organization. This kind of service hugely impacts the branding and determines an online company’s stance in today’s competitive world where entities are vigorously going through a digital transformation. Whether you are running a Pizza outlet or dealing with any of the industrial products, shipping them on time at a competitive price is a sheer challenge as it ensures optimum customer satisfaction and increases ROI as a whole.
While the stiff competition between the top-notch retailers in the consumer world has been the talk of the town, it’s the B2B companies, who are adopting the cloud based supply chain networks, are under the spotlight. Reason being, cloud based supply chains offer the proven solutions to logistics and delivery challenges whilst fulfilling the specific industry requirements.
The cloud storage companies are helping out the supply chain leaders in synthesizing the advanced technologies to redefine the transportation services. The cloud storage service providers are enabling the online retailers to integrate cloud based supply chain so as to ensure the world’s fastest delivery (as accomplished by Amazon). They also help the e-commerce platforms to set their bars high by re-evaluating the employment and management of workers in the delivery business.
The Supply Chain and the Cloud
The above mentioned great supply chain management solutions would not be possible without the IoT-enabled connectivity and data analytics powered by the cloud. The cloud computing hands over the most innovative and smartest way to monitor and track the trucks, which transport the products from warehouse to delivery destinations and industrial loading docks. While the concept of autonomous vehicles is still futuristic, the cloud storage companies have already delivered the next-gen software applications to effortlessly manage every phase of the supply chain management lifecycle process.
Rick Jewell, Oracle’s Senior Vice President for applications development had this to say,
“The cloud is what’s needed to take advantage of the next generation—to truly move into a digital supply chain world. We really are on the precipice of a major sea change in the supply chain. This is unlike any other technological change we’re seen in the past—this is huge.”
Here are a few of the cloud based supply chain capabilities thought leaders are leveraging upon –
- Agility in times of volatility
Agility and volatility are the frequently used jargons in the supply chain world. With an attempt to meet the ever-rising demands, the companies have joined the rat race. But only the smart players with a progressive approach have been able to enjoy the taste of the success. With the help of cloud storage service providers, they have integrated systems which help them easily monitor and manage inventory and pricing. They are also able to assess the changes that will affect their supply chains.
2. Cost-effective approach in a world of unpredictable, rising inflation
While oil costs are rising with every sunrise, there has been an unprecedented amount of ongoing pressure on the supply chain industry to keep it cheaper and faster. With now supply chains being integrated with the cloud computing, the cloud storage application providers ensure managing the hardware and software, whilst enabling managers to use their big chunk on resources which add direct values to their ROI.
Cloud storage providers are constantly working to enhance the cloud based supply chain processes. They come up with state-of-the-art cloud applications suitable for order management, manufacturing, and workflow. They also enhance the existing cloud suite to boost the product lifecycle management, logistics, thereby ensuring the rapid expansion of the supply chain management applications. Customers can take advantage of these new innovations in the cloud.
4. The perceptive interface
Just as the next-gen cloud applications in enterprise resource management are designed based on the consumer applications’ principles, the cloud based supply chains are now infused with intuitive user interfaces. Now the retailers, as well as customers, can monitor and track everything right from their smartphone.
As the “delivery economy” becomes an integral part of every industry, cloud based supply chain management is now crucial for carefully managing every aspect of the logistics process.