Cloud is the prevailing model because it’s the only one that works.
Everyone in supply chain is excited about the Internet of Things. Smart, connected sensors distributed throughout the supply chain will bring us unprecedented visibility. But the IoT in supply chains has a long, strange history. Find out how music, espionage, and a notorious four letter word were responsible for the cutting edge technology we have today.
Real applications of the Internet of Things are already happening in supply chain. Together with information systems, IoT is helping companies reduce blind spots by providing all the data from transactions and partners in the supply chain network. Insights happen when companies look at data over time, and can see where moving sourcing from one supplier to another can make a big difference. Big Data is not just about an operational set of tools, it’s about the long-term detailed memory that allows companies to look at trends and analytics to drive insight.
Cloud supply chain technology allows companies to remain agile and avoid risk caused by disruptions like the financial crisis in Greece.