Image credits: Supply and Demand Chain
News Article

Cloud: Life Changing Tool for the Supply Chain

By Miriam Bello | Tue, 03/31/2020 - 12:07

Innovative tools have reshaped the way we live, act and work. Things such as “the cloud” are now used on everyday lives and have become key tools for companies, including supply chain participants.

Technology must boost the efforts of managers and facilitate the everyday operation by making interactive workflows available anytime, anywhere. This creates the idea of a remote and productive work model, with new ways of collaborating within an organization and with other agents in the value chain. Preventing the rupture of the supply chain in vital sectors such as medicines and food is more important than ever. A tool that concentrates different suppliers and automatically performs an online comparison of products is a great differentiator to increase the productivity of an organization and ensure that time is used intelligently.

The future of the supply chain, which can already be considered a reality, lies in the ability to combine market intelligence resources with routine actions and, in this way, consolidate accurate information for better decision-making. The current scenario of social distancing imposed by COVID-19 forces companies to reorganize work, which shows the real impact of the cloud.

Companies with cloud infrastructure have an important advantage in migrating a large part of their staff to a remote model, operating uninterruptedly without losing the security of their data. Having an established sustainable model minimizes economic impact on situations like this and ensuring the continuity of the supply chain. This is no longer just a business issue, it is also a key part of the social responsibility of companies, the state and social organizations.

Miriam Bello Miriam Bello Senior Journalist and Industry Analyst