Cloud can save retailers from their supply chain woes

As the boom in supply chain and ecommerce continues to increase, retailers are expected to rethink their supply chain strategy to be more responsive to demands

Due to the ongoing pandemic, the global supply chain has taken a major hit, and its effects can be seen in the form of empty shelves everywhere and out-of-stock notifications on websites. Unfortunately, there is no immediate solution for this issue, and the majority of small businesses have reported that supply chain challenges are severely impacting their organization this year. On the other hand, the purchase behavior of the consumers has also changed massively, with more than 50 percent of North American buyers stating that they have completely changed the way they shop in the future.

Consumers are now buying more products and services online subject to availability, and they are choosing retailers with better stock than brand loyalty. As the boom in supply chain and ecommerce continues to increase, retailers are expected to rethink their supply chain strategy to be more responsive to demands. One of the ways to deal with uncertainty is digitizing the supply chain with the help of the cloud. It is a well-known fact that cloud computing is a proven game-changer for businesses as it allows them to collect and process large data sets from almost any point virtually. With this unified view, companies can improve their supply chain decision-making.