Hi all, I am Pranav Surendran from second year MBA. I recently came across an interesting article from which I thought I could share few of my understandings.
What is cloud
computing?
“Cloud
Computing uses resources as a utility, rather than
building and maintaining computing infrastructure. Resources are present at a
place and when required can be used to the demand. It is the large scale
distributed computing where services are delivered to customers on demand over
high-speed internet”.
Since the early 2000s, some of the world's biggest tech
vendors have been developing business solutions in the form of cloud computing.
It is today recognised as one of the world's largest types of technologically
improved integration, sharing, and storage for business systems.
Globally, companies have recognised the opportunity to use
cloud-based technologies to improve proficiency and profitability in their
supply chain strategies and activities.
Today, an outlier from the standard will be called a supply
chain without a cloud-based solution of any sort in place. Although high levels
of deployment in specific parts of the supply chain have been seen by
cloud-based applications, others have been ignored.
The Cloud is based on a holistic network concept, open to
many to provide input and output-to break down silos, improve efficiency, and
streamline communication.
Agility
Increased business resilience is accomplished by sharing and
simplified computing, which is possible by using cloud-based supply chain
solutions.
In China, a supplier audit is needed and is done, and the
results are needed in Berlin to be able to make a deadline decision to continue
the supplier partnership within the hour. As the supplier being audited was
named in a child labour scandal, the agility of this data collection and
sharing is critical, and the facts They still need to be proven. This wouldn't
even be a point of pain for an SCM solution, living in the cloud.
There are applications on the market that would compile the
audit data inside a cloud-based solution and share the findings of the auditor
with HQ automatically. Taking data in the blink of an eye from the floor to the
head office
Integration
It has a strong potential for seamless collaboration, input
and output of knowledge sets between teams, people or cross-organizations.
Additionally , cloud-computing Usually, solutions have 'plugged in'
capabilities. Plugging in is essentially the sourcing of information from one
cloud to another. Cloud systems subsequently resonate with greater faith and
openness among the parties using a common cloud.
Planning
Cloud technology offers features such as inventory in real
time. Don't worry about making a promise to a hopeful customer that you cannot
keep. Inventory data sets can be handled to ensure you never lose track of your
inventory levels.
Scalability
The usability of data sets is a lot more scalable when running within a public cloud. Especially when companies are internationally involved, but need to maintain communication lines and/or are in collaboration.
Holding multiple person, or company, networks. It defies regional borders under one cloud; it takes only a WiFi link to consider storage, sharing and communicating. In organisational procurement and sourcing teams, this sort of scalability is essential.
Competitiveness
Competitiveness between organisations that could not exist
without such technologies has been generated by the capacity of
cloud-solutions. Small and medium-sized companies should work with the same
agility and openness that are capable of enterprise organisations.
In these small and medium-sized businesses, fields such as
problem shooting and solving can be time-consuming activities. A stock mishap
would impact a regional grocery store without the proper amount of resources
and manpower.
Hence, cloud computing systems have created a forum for more
agile collaboration and connectivity, silo breaking, also in the largest
enterprise businesses.
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