There's lots to consider when investigating supply chain technology. How easy will it integrate with your systems? How difficult will it be for partners to get on board? The real value of a supply chain platform comes when it unites all partners--buyers, suppliers, 3PLs, carriers, and financial providers. Crucially, good cloud-based technology also meets the needs of specific industries while, at the same time, delivering benefits across verticals to the entire community.
Supply chain visibility offers incredible value to companies, with the opportunity to save in numerous areas, from inventory to transportation to agility and finance. Many executives feel like they’re doing just fine, but they are missing out on a whole different level of visibility: real time, end-to-end, transactional, and immediately accessible. When companies have that level of visibility, it becomes a very different picture.
Cloud is the only way to harness supply chain visibility. All previous attempts to make it happen with ERP software have not scaled – companies have switched to cloud in order to see it work. A cloud-based supply chain visibility system is a connecting layer that runs over the top of ERP and TMS systems. Cloud improves data quality, and improves the way information is translated and transmitted, resulting in supply chain visibility.