ChainLink references the following benefits that can be achieved by using The Cloud:
- Economics: The Cloud is a more economical model: support and maintenance costs are reduced for both the customer and the provider due to a simpler multi-tenant model where upgrades are more easily introduced into the system as they become available. Customers are also able to avoid the costly and disruptive “rip and replace” approach.
- Collaboration: Businesses are increasingly interconnected and people across the supply chain want to share information more easily. The Cloud makes sharing information, exchanging ideas and solving problems easier – especially across the supply chain.
- Connectivity and Visibility: Businesses want access to information outside of the data center and outside of the office. Governments are requiring more transparent access to data to address regulatory requirements. Globalization and traceability requirements can be far easier to address in the Cloud. ChainLink specifically mentions that “for products that require condition monitoring, tracking has gone from sometime to real-time.” The Cloud facilitates faster, real-time information sharing.
- Community: The article references that The Cloud enables an inter-enterprise community which is critical for today’s complex supply chains. ChainLink lists several benefits including more to trading-partner dialog than transactions, such as finding new suppliers, obtaining industry information, communicating with the community about changes in compliance and regulations.
These are key benefits that can help improve quality across supply chains, especially where temperature sensitive goods such as fresh, frozen and packaged foods and bio-pharmaceuticals are involved. Thanks to solutions incorporating RFID temperature monitors, we’re now able to collect vast quantities of information. But the information is only of value when it’s actionable – that is, when it is easy to use. Cloud-based solutions, such as ZEST Data Services provide the ability to improve supply chain efficiencies by simplifying and speeding access to the actionable data necessary for improved decision making and collaboration.
ChainLink concludes that The Cloud brings “Power to the User”. I’d go a step further and say that it the entire supply chain wins when actionable, useful data is made more readily and rapidly available.
Senior Director of Marketing