CLOUD COMPUTING IN SUPPLY CHAIN MANAGEMENT: IMPROVING EFFICIENCY AND VISIBLITY.

Supply Chain management has been revolutionized by cloud computing, which has increased visibility and efficiency throughout the entire supply chain network. Here are some examples on how it has improved efficiency and visibility:

1. Flexibility and Scalability: Cloud-based solutions provide flexibility and scalability, enabling companies to modify resources in response to demand. This adaptability is essential for effectively handling the varying requirements of the supply chain.

2. Security and Compliance: Cloud service providers ensure compliance with industry standards and regulations by providing strong security measures to safeguard data. In supply chain management, where data security is crucial, this is especially crucial. 

3. Data Centralization: Supply chain managers can centralize data storage with cloud computing, enabling information access at any time and from any location. This makes it possible for partners, suppliers, and stakeholders to collaborate and share data in real time.

4. Cost-Effectiveness: The use of cloud computing removes the requirement for substantial up-front IT infrastructure investments. Rather, businesses can only pay for the resources they really utilize, which lowers total IT expenses.

Basically, cloud computing increases visibility and efficiency in supply chain management, which lowers costs and facilitates better decision-making and more customer satisfaction.