Cash Flows Should Be When Solving For A Present Value Supply Chain Management – Software-as-a-Service

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Supply Chain Management – Software-as-a-Service

Is spending thousands of dollars on supply chain software draining your cash flow? Does your software become outdated quickly after purchase?

Are you spending too much time programming your supply chain software to make it work properly? Do you constantly have problems updating software and working with different versions?

Are you struggling to create the desired supply chain engagement and visibility with global customers, partners, logistics providers, sales, operations centers and administrative departments?

Are you frustrated that you didn’t get the results your supply chain software provider promised you? Tired of hearing about why software doesn’t work?

If you’re nodding “YES” to these concerns, don’t feel alone, as most supply chain executives agree.

Every year, exporters, importers and service providers invest millions of dollars and hire thousands of software and hardware technicians in hopes of improving productivity and achieving better collaboration in supply chain management. Most companies have never realized their supply chain management goals. And rarely does a company achieve ROI on its investment in software technology before it becomes obsolete or requires extensive reprogramming. One of the main reasons is over-the-counter software packages and in-house software is made up of bits and pieces thrown together without a comprehensive end-to-end business transparency plan.

According to Forrester Research, an independent technology and market research company, the current global economic crisis will reduce spending on IT products and services by three percent in 2009. It may not sound like much, but perhaps this tightening of budgets is what is driving supply chain management. they need to take a serious look at what benefits they are achieving with their current supply chain management software and what the overall cost is to their company’s productivity and competitiveness.

An affordable and sustainable solution for supply chain management software is Software as a Service, known as SaaS. Software as a service offers four immediate advantages that make it very attractive in these economic times: 1) Rapid deployment; 2) variable surcharge costs; 3) Scalability according to your requirements; and 4) No capital costs.

Consider these software-as-a-service benefits that will add value to your supply chain management and business profitability:

o SaaS saves money. No more software installation or maintenance headaches.

o SaaS reduces IT staff, technology consumption and distractions.

o SaaS provides real-time global supply chain information with on-demand reporting.

o SaaS improves mobility. Compatible with desktop/laptop, no host computer required.

o SaaS saves deployment time. Upgrade your entire company and all overseas offices instantly and simultaneously.

o SaaS provides instant access to the latest software innovations, logistics supply chain tools and regulatory compliance.

o SaaS encourages supply chain coordination and collaboration. Company departments, customers, vendors, logistics providers and partners can contribute and collaborate in real time. And eliminate duplicate data entry across locations and departments.

o SaaS helps with confidential control. Assign access permissions based on who needs to know what information. Give your senior executives complete end-to-end visibility for monitoring and tracking, pricing, generating performance reports, ensuring regulatory compliance, creating what-if scenarios and much more.

o SaaS improves network security. Built-in global security to defend against malicious threats, hacker attacks and harmful viruses.

o SaaS enables reallocation of the IT budget and eliminates tedious paperwork. There is more time and money to focus on sales, marketing, customer service improvements and company profits.

o SaaS can be integrated into other enterprise software applications and provide seamless end-to-end visibility into your business performance and profitability metrics.

o SaaS provides instant information, statistics and real-time reporting. Enables supply chain management with key performance indicators (KPIs).

o SaaS does not require large capital expenditures. Pay as you go. Variable monthly fee based on usage.

o SaaS offers scalability. Big and small companies. You can quickly deploy the logistics and compliance applications that are now urgently needed to improve your competitive advantage and visibility. Add more SaaS features and modules as your requirements expand.

o SaaS can be customized. Quick adaptation to your specific operational, sales, administrative and accounting requirements. Screen views, reports and communication mimic how you want to manage your business and logistics supply chain.

SaaS software as a service offers the best supply chain management technology at a price you can afford, delivering the results you need to maintain productivity, visibility and profitability. If your current supply chain software doesn’t provide you with the tools you need for on-demand management; or not creating the coordination and cooperation you desire; and is more of a distraction and hassle than results, it might be time to explore software-as-a-service supply chain management.

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