At the start of the COVID-19 pandemic, places all over the world were locked down. Many jobs could be done temporarily or permanently from home, but a lot of manufacturing and factory jobs couldn't. When these factories were closed for weeks or months at a time, important parts and equipment could not be shipped to customers all over the world. This was the start of problems with the supply chain that haven't been fixed yet, and it's been more than two and a half years.
Mckinsey did a survey of supply chain leaders and found that
- 85 percent had trouble with not having enough digital technology in their supply chain,
- 73 percent had problems with their supplier footprint that would need to be fixed in the future,
- and 48 percent had trouble making plans because they had people working from home.
All of this shows that organizations need to digitize procurement in order to save money and make the procurement process more flexible.
Soon, customers will get sick of hearing about pandemics as the cause of supply chain problems and will just want companies to figure it out and do what they said they would do, which is where cloud solutions can be leveraged.
How Can A Cloud-Based Solution Transform Supply Chain Management?
A New Way Of Managing Supply Chain
Cloud Computing Can Give Your Business a Competitive Advantage
Benefits of Cloud Computing:
Why Definity First
Making a cloud-based supply network is an ambitious goal. It needs to be done in a structured and disciplined way. Every company will start from a different place and use a different method. Leaders in the supply chain need to know where their organization is on a scale of cloud maturity and what they need to do to move forward.
Definity First has seen the sharp rise in the number of customers who use the cloud. We're happy to offer cloud solutions and services that can help your business grow with new features and strong security to keep your most important data safe. There are a lot of different combinations that can be changed to fit the needs of your organization. If you want to know more about what we offer in the cloud, please get in touch with us.