The markets are changing, and these changes require instant access to accurate, up-to-date data to power new types of procurement, inventory management, asset tracking and accounting processes.
Business have a choice here. They can continue using their legacy processes and inform them with new processes that meet the enhanced expectations of their clients around reporting and tracking guidelines and basic interactions. These companies will continue to store their data in local stacks and off-site servers.
The alternative choice is bidding farewell to off-site data storage and integrate a cloud-based distribution software solution, and to work with the right consultant to help them choose the right solution to meet their unique business challenges.
The way companies view their processes around procurement, inventory management and supply chain control have also changed. Our new business environment requires all of these processes to be completely transparent.
Take a look at your company’s legacy distribution management solutions. Chances are, if you’re not yet on the Cloud, the software that you’re using is slow, cumbersome and incommunicative. It must serve its purpose, or you wouldn’t be using it — in all likelihood, these legacy tools are effective in terms of data collection and basic analytics, but when paired with more up-to-date solutions, a fragmented system arises that impedes effective communication and timely access to data.
When you move your entire distribution system to the cloud, you no longer have to worry about local servers and software. Once you’ve settled on a provider with a reputation of expertise and reliability, you’ll be able to use these systems to expand your distribution while increasing your data-analysis capabilities.
There are three main benefits to moving your distribution processes to the cloud:
1. With the massive increase in digitization of our everyday lives, B2B clients are accessing B2C tech flows every day, and they are now expecting the processes they use in business to be as simple and user-friendly as the tools they’re using in their everyday online activities. This is possible with cloud-based systems, but not with the legacy systems many businesses are still using. Cloud-based systems are designed to adhere to customer demands while delivering comprehensive data access and analysis ability.
2. Cloud-based systems streamline your inventory management abilities, giving you insight into exactly what is going on with your company’s stock and inventory, giving you the ability to send out overstock or order in supplies to face current shortages. This information is available to business owners in real-time.
If you’re ready to discuss making the shift to a cloud-based distribution system but don’t know where to start, we can help. Reach out today to speak with an expert.