In our previous installment of the guide to blog series, Taking the Next Step Towards Supply Chain 4.0, we discussed Supply Chain Metrics: Choosing the Best Technology Vendor for Partnership and the importance of technology vendors for partners. In this installment, we’re going to touch on how to incorporate SCM 4.0 if your organization is not cloud ready.
While being cloud ready is essential to successfully implementing Supply Chain 4.0 in its entirety, migrating to cloud applications is not required to start using the core concepts and tools now. We are here to tell you that the core concepts and processes are still applicable to your supply chain strategy regardless of your cloud readiness status. What you’ll come to find out is that these invaluable insights will aid your cloud journey, concurrently with your supply chain initiatives.
Some organizations have already gone through cloud readiness assessment and roadmap exercises to determine if the cloud is a right fit for its supply chain initiatives. While misconceptions about what the cloud can and cannot do are prevalent and may influence a status quo decision, there might be other mitigating factors preventing the commencement of a cloud journey.
There are multiple paths to the cloud; organizations can choose to deploy specific capabilities in their own time
The good news for companies that have chosen to delay their cloud journey in the short term is that they can still start incorporating supply chain 4.0 concepts and tools into their processes by leveraging the latest version of Oracle E-Business Suite. This toolset has some key capabilities that can jump start and stabilize processes across the supply chain until the organization is ready to fully embark on a journey to the cloud.
With multiple paths to the cloud, organizations can choose to deploy specific capabilities like supply chain planning, product data hub or procurement as standalone cloud deployments while continuing to keep the rest of their financial and supply chain capabilities on premises. Engaging in activities like streamlining business processes, eliminating non-value-added process steps, optimizing ERP data sets, and crafting a visionary toolset over time can still be performed while continuing to use on-premises tools.
To learn more, you can download our entire guide here or below. Otherwise, stay tuned for blog #7 in the coming week on tackling supply chain 4.0 with a formidable success map in place.