Cloud-based Systems – The Future of Supply Chain Management
Cloud-based Systems – The Future of Supply Chain Management Supply chain management has always been a critical aspect of business operations. Its importance has become even more evident in recent years and will continue to be critical in 2023 and beyond. Here are a few reasons why: 1. Increasing complexity: As businesses expand globally and rely on more suppliers, the supply chain becomes increasingly complex. This complexity can lead to challenges in managing inventory, quality control, and timely delivery of products. Effective supply chain management is critical to ensure that products are delivered on time and meet quality standards. 2. Growing customer expectations: Today’s customers expect fast, reliable, and cost-effective delivery of products. Businesses must be able to meet these expectations to remain competitive. This requires a well-designed and efficiently managed supply chain that can quickly respond to changes in customer demand. 3. Cost control: Supply chain...