Executive Briefings

The Cloud Really Helps Get All Trading Partners' Systems Aligned. Right?

In the world of supply chains, signing on a new partner or trading partner has typically marked the beginning of a marathon. Whether by electronic data interchange, EDIFACT, cXML, ebXML, value added networks, portals or the rest of the alphabet soup of connectivity approaches, a great deal of time and effort is required to get trading partners’ systems aligned - even if trading hubs are involved. Every company has a different system, and different processes for getting things done. For a company with thousands of trading partners, imagine how much in resources it gobbles up just to manage and keep every partnership aligned. Of course, cloud changes all that right?

The Cloud Really Helps Get All Trading Partners' Systems Aligned. Right?

The good news is that cloud may help turn the onboarding and maintenance of trading partner relationships from a marathon to more of a sprint. But it gets even better than that - the use of cloud for supply chains means everyone can see into one another's operations and requirements, and adjust their own product flows and transactions accordingly. In a recent report from Accenture, Saideep Raj and Aditya Sharma (both with Accenture) observe that cloud computing helps organizations better deal with volatility and surging data volumes. The emerging digital supply chain makes use of data and analytics, mobility and social media functions.

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The good news is that cloud may help turn the onboarding and maintenance of trading partner relationships from a marathon to more of a sprint. But it gets even better than that - the use of cloud for supply chains means everyone can see into one another's operations and requirements, and adjust their own product flows and transactions accordingly. In a recent report from Accenture, Saideep Raj and Aditya Sharma (both with Accenture) observe that cloud computing helps organizations better deal with volatility and surging data volumes. The emerging digital supply chain makes use of data and analytics, mobility and social media functions.

Read Full Article

The Cloud Really Helps Get All Trading Partners' Systems Aligned. Right?