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The Future of Supply Chain Technology

August 18, 2016 @ 10:00 am - 11:00 am

Inspirage Webinar IconWhat are the challenges facing supply chain business and IT executives? How can a move to the Cloud address these challenges? Join Larry Simcox (Oracle) and Mo Khurana (Inspirage) as they discuss cloud trends in the SCM space. Mo will discuss the results of our Market Research Study, “The Future of Supply Chain in the Cloud.” For the study, over 200 supply chain leaders were interviewed and answered questions such as:

  • What are the key challenges supply chain leaders face today?
  • How are supply chain business and IT executives thinking about the cloud to address these challenges?
  • In which areas are businesses adopting cloud solutions today? What is their strategy for the next 3 – 5 years?
  • What concerns do they have that would prevent them from leveraging cloud technologies?

Here are some key findings:

Costs of Cloud – 81% of respondents stated that they hope to use cloud-based applications to not only improve internal operations but also reduce costs and inefficiencies
Integration: Lack of system integration, forecast accuracy and demand variability, supply chain complexity, data integrity and lack of visibility across the supply chain were the top 5 obstacles for achieving supply chain goals and objectives
Security: The top challenge to organizations use of cloud is security or privacy risks
Agility: 23% of respondents indicated drivers of cloud computing want better scalability and availability and 13% responded the need for faster time to market for new product development and innovation
Application Strategy: Midsize companies are slightly more aggressive adopters of cloud with 57% using some form of cloud today moving to a strong majority of 82% using some form of cloud computing by 2018

As you can see from this study, it is not a question of if your company will be adopting supply chain cloud solutions but when you will be adopting supply chain cloud applications.

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