Cloud technology is on the rise across countless industries, with one study finding that 92% of organizations are at least “somewhat” in the cloud. But when it comes to cloud-based supply chain technology, many companies are lagging, relying on legacy processes and outdated, on-premises systems.
Cloud-based supply chain technology offers two key benefits to shippers: greater visibility and greater resilience. Here’s how the cloud delivers on these promises—and why they matter now more than ever.
When companies are saddled with on-premises systems, it’s all too easy for critical information to become siloed. The team in Europe can only see what they’re doing, and if they want to know what’s happening over in the Latin American division, they’ll need to pick up the phone or send an email. This limits collaboration and makes it difficult for teams to learn from one another to benefit the business. But it’s especially bad news for the central leadership team, who will inevitably waste time tracking down reports and may find themselves making decisions based on out-of-date or incomplete data.
Transitioning to cloud-based supply chain technology makes real-time collaboration and end-to-end visibility possible, even if teams are dispersed around the globe. All of a company’s supply chain data is centralized and easily accessible to anyone who needs it, removing blind spots and enabling leaders to more easily pinpoint actionable insights.
In a volatile world, companies that rely solely on on-premises tools are leaving themselves vulnerable. If something happens to prevent staff from accessing these tools—whether it’s extreme weather that closes the office for a week or water damage in the building that damages the servers—the supply chain can grind to a halt.
Cloud-based supply chain technology makes teams more resilient in the face of disruption. While not every supply chain function can be performed remotely, employees can at least access key tools to keep things moving from afar. The enhanced responsiveness and visibility that the cloud offers also enable supply chain leaders to make rapid decisions and pivots when problems arise, without needing to be in the office or even in the country at the time. Everything they need is right at their fingertips.
Is it time to adopt cloud-based supply chain technology at your company?
Chances are, your company already uses cloud technology in some form or another. But if you’re looking to build a more connected, responsive, and intelligent supply chain, it’s time to move it into the cloud.
Another benefit of adopting this technology is the cost and ease of maintenance. Rather than paying for upkeep on a legacy system that the provider may no longer support, cloud-based supply chain technology is kept in optimal shape through continuous updates and patches, many of which can be implemented automatically. And where staff increasingly struggle to use outdated tech as people leave and retire and institutional knowledge is lost, cloud-based tools are intuitive to operate and easy to build training around.
Honeybee TMS™, CTSI-Global’s industry-leading transportation management system, lives in the cloud so that you can manage your logistics ecosystem from anywhere. Join us on cloud nine: contact us today.