3 Factors that Should Influence your Next Supply Chain Investment

When it comes to technological advancement and investment, there”s often a tendency for firms to prioritise functionality and design at the expense of architecture.

This can deliver exceptionally disappointing returns, which is why it”s imperative that you focus on the underlying infrastructure that underpins your technology as an entrepreneur. This is particularly crucial when looking to enhance your supply chain management system, as otherwise you”ll struggle to optimise efficiencies in data sharing and profitability.

With this in mind, we”ve identified three of the key architectural features that you should prioritise when developing your next supply chain management system. These include:

Realise the Potential of SaaS and PaaS Offerings

The Cloud has revolutionised the infrastructure of supply chain management systems, with sites and SaaS providers such as EDI providing an integrated platform for storing and sharing huge swathes of data.

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Similarly, we”ve seen the emergence of PaaS offerings, which have the capability to deliver innovative and more flexible solutions that can meet the ever-changing demands of clients. So, although it”s fair to surmise that PaaS generally operates at a lower level than SaaS, it is an excellent development platform that works well with complex server arrangements.

Ultimately, these technologies can provide an excellent infrastructure for your SaaS management systems and processes, regardless of your business model and the industry in which you operate.

The Option of Multi-Tenancy

While the decision of whether or not to leverage multi-tenancy applications is optional, this type of architecture brings so many benefits to your business that it seems unlikely that you”ll consider implementing a supply chain management system without it.

After all, multi-tenancy is an architecture in which a single software application can serve multiple customers, and this is an important consideration when attempting to deliver a consistent service to clients.

Similarly, multi-tenancy applications are cheaper to run, both in the short-term and over an extended period of time. With these cost savings, you can realise the full potential of more efficient software and optimise the profitability of your business.

The Capacity for Integration and Networking

We live in a collaborative age, where brands, clients, and consumers strive to work together and achieve their objectives. This has created a need for accurate and real-time data sharing between platforms, which has influenced the demands placed on supply chain architecture and created a need for superior networking capabilities.

With this in mind, you may look at network tenancy as one of the key building blocks for any supply chain management system in the modern age. After all, this creates an integrated platform on which trading partners can collaborate and share, without forcing you to spend incremental amounts on upgrades to your existing technologies. Knowing How Integrations Assist Retailers can support the motions of supply chains and provide businesses with a clearer view of how they can manage their workload in an effective and proactive manner.

By embracing network tenancy as one of the key architectural features of your next supply chain management system, you can deliver a cutting-edge service that is founded on the principles of collaboration.