Top 4 Ways Cloud Computing Can Enhance Inventory & Shipping Operations

Looking for Cloud migration companies as you have finally come off the fence and decided to migrate to the cloud? Well! Cloud benefits are such that staying away can be real distress. A recent report generated by Verified Market Research depicted that the Global Cloud Supply Chain Management Market size, which was valued at USD 12.44 Billion in 2020, is expected to reach USD 222.23 Billion by 2028, growing at a CAGR of 41% from 2021 to 2028. And, why not? After all, cloud computing has some very amazing benefits. First and foremost, it helps leverage large pools of IT resources instead of building your infrastructure.

With the cloud, you don’t need to invest in static inventory as it proffers you with the awesome option to deploy resources on an as-needed basis. On top of it, you only pay for what you use in the cloud. The best part is you have the ultimate business continuity due to minimal to zero downtimes. But though big, these are the generic advantages of the cloud. Cloud computing can be used for optimizing and enhancing supply chain and logistics operations. Here’s how.

#1: Accessibility

Since cloud servers could be accessed from anywhere, multiple offices and departments can be facilitated by a cloud-based supply chain system allowing for prompt access to the critical data. Companies that have offices in different countries can have their people remain in sync with each other by connecting to each other's supply chain reporting. As long as your employees have internet connectivity, they can access the information they need even when they are on the go or working remotely. Don’t forget, by hiring remote workers you can procure the best talent from across the globe.

#2: Robust Information Sharing and Silos Elimination

Unlike the traditional ways where information was kept in a few locations, the cloud helps you have a single, consolidated solution by combining all of your organization’s inventory and shipping information. Whether these are your customers or vendors, all can access the relevant supply chain information. From inventory management to shipping, you can easily track and share relevant information through a cloud-based solution.

#3: Easy Product Location

The mix of the right hardware with the right cloud-based solutions can help you track products irrespective of their shipping stage. That, in turn, not only helps you improve your supply chain efficiency but also provides you with immense data about shipping delays and bottlenecks. This eventually helps you provide better client service. Not just that, you can also manage disruptions in the supply chain. You can log products almost automatically by using sensors that will, in the end, reduce the costs related to the supply chain and its management.

#4: Big Data Processing

Due to the excellent processing power of cloud-based solutions, it has become easy to analyze large data sets. Complex simulations could be made regarding seasonal supply-related issues, inventory needs, and supply chain optimization. As we said earlier, cloud-based solutions can help you identify the weaknesses in your supply chain & logistics operations and work upon their improvement.

Wrap Up

Cloud computing has altered the backdrop of every industry positively. However, in this article, we talked about how it is benefitting the inventory and shipping industry. By implementing the cloud systems into a supply chain, you can have enhanced security, better business continuity, more accurate tracking, and, of course, reduced overall business expenses. However, with multiple services, it is at the same time equally complex. Companies that want to optimize their supply chain through the cloud often find it tricky to move to the cloud.

But then, as long as cloud migration service providers are there, they need not worry. Just in case you are looking for cloud services experts in Dubai, there are dozens. It is again a problem which one to rely on. The best way to settle on a cloud migration company is to look for one who has a higher level of collaboration with the cloud service provider of your choice.