Businesses that have embraced cloud technology have a clear advantage over their competition. This is especially true in the area of supply chain management. Technology that is commonplace today was difficult for most people to believe possible just a few years ago.
By analyzing current supply chain trends that are driven by cloud technology you can get an idea of industry changes yet to come and position your business to stay ahead of competitors. Optimizing manual processes with modern material handling equipment should be a part of every business plan.
Improved security
Many company managers were reluctant to embrace cloud technology due to security concerns. They felt anytime data left the company’s premises it was placed at higher risk. The concern was understandable. Over the past few years, cloud providers have improved infrastructure security to comply with mandatory standards for HIPPAA, SOX, FedRAMP, and other regulatory agencies.
Smart robots
Assembly-line robots and other industrial robots have been in use for decades. Cloud technology is making it possible for these robots to work smarter and humans to work more efficiently alongside these artificially intelligent machines that are constantly learning. Modern robots can navigate complex work environments and improve the efficiency of order fulfillment and all other aspects of e-commerce.
Enhanced integration
According to a recent article by business.com, integrated organizations will outperform the competition going forward. Cloud technology makes it easier for companies to collaborate with their customers, business partners, and employees.
Machine-to-machine (M2M) communication is rapidly becoming commonplace in supply chain management. It allows people to better manage material handling equipment, warehouse inventory, and delivery truck routes. Cross-channel integration requires intra-organizational and inter-organizational reconfigurations along with a dedicated investment in the company’s IT department.