Enhancing The Value Network With Cloud Processes

By Author: martin well
Total Articles: 364
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In today’s highly competitive and complex business environment that is made up of your partners and their pertinent systems, it is particularly complicated to accomplish the best possible

control and efficiency in a value network. Consisting of a series of activities that create and build value, the value chain is a systematic approach to examining the development of a competitive

advantage. Evolving beyond individual firms, the value chain can apply to the whole supply chain and distribution network. Value network ideally includes a number of business processes

carried out by the many collaborating partners.

While IT is responsible for bringing about a tremendous change in the way businesses are collaborating with partners, it is no doubt that effective collaboration is highly essential across value

network for hyper connected organizations. Managing the widely-distributed, business-critical resources in the value network is not possible with the usual conventional processes and tools.

There are a challenges that a business faces and that includes poor transparency, difficulty ...
... in synchronization of activities that result in inflated costs, lack of organization, lack of

responsibility of products beyond the point of sale, depending on IT-supported manual administration, to name a few.

With cloud processes, many of these challenges are overcome. To take control and manage their value networks, many organizations today use cloud computing. Cloud Processes integrate

and automate the business processes of the entire value network across partners and the systems they use. Providing end-to-end visibility of the complete value network based on real-time

information at the operational, tactical, and strategic levels, cloud processes also offer access to all key master information, regardless of whether it resides inside or outside your own network.

Cloud processes are the perfect solution as they provide businesses with the agility that is required to handle today’s volatile, complex, and super interconnected globalized markets.

Automated cloud processes can be custom-built to specific customer requirements. While they take responsibility for many of their products far beyond the point of sale, they also they are

responsible for the recycling and return of worn out goods in some cases.

An automated procurement and purchasing process integrates a company’s buyers with its suppliers together with the relevant IT systems on both sides. Together, these elements constitute

the company’s value network of collaborating partners. This improves your organizational efficiency and reduces the administrative costs of all steps in the procurement process. It

significantly enhances your company’s control over procurement activities at all levels. True e-procurement is beyond traditional

purchase order software and post award management. Maximize your

Value Network, strengthen the free movement of people, goods, capital, and services in the global marketplace;

independent of language, geography, or business sector; with the use of Cloud Processes.

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