Cloud technologies became an essential part of supply chain management. The use of these solutions increases the level of internal cooperation and transparency of supply chains, as well as to gain new competitive advantages. Compared to traditional manual analysis models, digitization and cloud computing for supply chain analysis reduce costs, improve service, shorten delivery times, and enable modern logistics technologies and strategies for further development.
Why businesses digitize their processes
Supply chains are dynamic, complex, multi-component networks that involve companies, employee’s, transportation systems, goods, financial transactions, and various events. The pace of business requires effective management and improvement of supply chains. Manual inventory analysis and procurement management are not accurate enough, and it affects the progress of small and medium-sized enterprises, as well as generally seriously slow down the performance of any business. To keep up with the trends, companies are digitizing their supply chain management. Ready-made cloud offerings that have affordable starting cost and high efficiency are a perfect choice. Cloud processing is profitable because it does not require company to have many servers and staff. FCE offers solutions
for supply chains of varying volumes, both for small, medium, and large, which involve the international supply and the participation of many parties. Cloud software adapts to the company's needs and value chain, and in turn, brings significant management benefits.
Working with data
Cloud-based supply chain solutions make them transparent and flexible. One of the main advantages is the availability of data stored in the cloud. Employees within the supply chain can get accurate data at any time, as well as quickly report new events, problems, send requests, and receive feedback. Each employee has the tool to communicate and interact so that the work of the whole enterprise was established and more effectively adapted to trends and customer demands.
Analysis and reporting
Continuous access to cloud software (SaaS) for all employees improves the quality of data in the system, and machine analysis based on this data will better optimize and plan resource management. Big Data
is a technology that processes data flow in real-time, detects errors, and makes predictions. Cloud computing has enough resources and power to operate real-time supply chain data. The regular analysis makes the company's processes open and manageable.
Easy Extension and Growth
Access to the cloud improves both the coordination of internal processes and the connection of new trading partners to the network. New entrants to the supply chain have access to the data they need and are easily merged into the process. It is also easy to connect new points of sale, warehouses, routes, and so on to the system. Business scales more easily when managing is digital, and cloud services do not require a high price.
Storing data in the cloud protects it and keeps it reliable. Remote servers and distributed networks duplicate and protect data from hacking, leaks, or unauthorized erasure. Data security is key to doing business when information is the basis for successful internal communication and company progress.
Optimization and adaptation
Cloud services can offer a wide range of supply chain management solutions. There are SaaS with improved security, optimized capabilities, and interface, as well as the ability to connect additional services. For instance, FCE offers a system of IoT sensors connected to the supply chain: containers, warehouses, and stores turn into a smart autonomous system when they are equipped with FCE IoT sensors
Digitizing the supply chain paves the way for other management improvements, such as working with staff. BISTRA
is another product by FCE that tracks progress in business tasks, automates reporting and other simple tasks, and offers optimization. One business improvement must follow another, and this is the concept of development.
Digital supply chains are a necessary solution in today's reality. Accurate analysis and planning, impeccable reporting, and transparency have become a requirement and a condition for the competitiveness of the organization. Technology is no longer a distant future for modern business, but a tool that needs to be used with maximum efficiency.