Supply Chain Digital Magazine August 2024 | Page 158

“ The cloud also enhances scalability ,” she continues , “ allowing businesses to adapt quickly to changing demands and market conditions , driving operational excellence and strategic growth .”
Adoption of cloud capabilities ‘ critical ’ Cloud capabilities have already been widely deployed across supply chains big and small , with executives increasingly recognising the strategic advantages they can offer .
According to the 2024 instalment of PwC ’ s Digital Trends in Operations Survey , almost two-thirds ( 62 %) of companies have adopted , or are in the process of adopting , cloud-based solutions .
It ’ s a trend that reflects a broader shift towards digital transformation within the supply chain domain . Leaders seemingly have little choice but to leverage cloud technologies if they have any desire to drive innovation , improve operational efficiencies and enhance their competitive positioning in the market .
“ The widespread adoption of cloud capabilities is now seen as a critical component of modern supply chain management , enabling organisations to achieve greater agility and responsiveness to market dynamics ,” Carla goes on .
“ As cloud adoption continues to rise , it ’ s becoming standard practice among leading businesses . The ability to quickly adapt to market changes and disruptions through cloud-based solutions makes them a strategic choice for forward-thinking companies looking to stay competitive .”
158 August 2024