Supply Chains in the Cloud: Procurement Benefits, Motivations, Reluctance, and Security [PRO]
Today we continue our series covering supply chains in the cloud (see Part 1 here). Pierre Mitchell and Jason Busch answer these four questions:
- Software as a Service (SaaS) or cloud offering brings the operational IT benefits of lower cost, greater reliability, improved accessibility, better scalability and agility. What benefits to the procurement process are typically associated with cloud applications?
- What drives companies to move mission-critical supply chain-related applications to the cloud?
- What does Spend Matters see that’s creating the most reluctance in companies or individuals in migrating to cloud applications?
- As individuals, we do banking and investments and enter our credit card numbers to make purchases online. Some even freely share personal information with social media tools. Is there any procurement information that you believe is not appropriate for being stored in a cloud application? If so, can you characterize that information?