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REASONS TO UPGRADE
TO A CLOUD PLATFORM
FOR PROCUREMENT &
SUPPLY CHAIN MANAGEMENT
7 Ways Cloud Computing Can
Transform Procurement and
Supply Chain Management
W H I T E PA P E R
Migrating procurement and With the right cloud solution, organizations can eliminate silos and
unify disparate systems for procurement, supply chain, ERP, finance and
supply chain management to
more. They can use automation, analytics, machine learning and artificial
the cloud has become a top intelligence (AI) on all data, including social media and other unstructured
priority for CIOs and other sources, which are growing exponentially.
key decision-makers. It’s not In addition, cloud allows organizations to respond quickly to business
about cloud hype; it’s about opportunities and changing customer requirements, as many organizations
cloud capabilities. Simply put, have experienced during the COVID-19 pandemic. At the same time,
cloud lowers costs, accelerates cybersecurity response and provides more
cloud is a much more effective
efficient options for disaster recovery and business availability.
and efficient IT model for
When you add it all up, it becomes obvious that the future of procurement
procurement and supply
and supply chain is in the cloud—which is why most organizations
chain than legacy on-premises have at least dabbled in the cloud and many have launched broader,
infrastructure. companywide cloud migration initiatives.
One of the challenges, however, even for companies that have moved
everything to the cloud, is understanding and defining what’s next. Many
companies have spent tremendous amounts of time and money to move
to the cloud but have not taken advantage of all its benefits. If you have
the same capabilities as before, why do it?
Arrival in the cloud is not the ultimate goal. It is merely the starting point
for a transformational journey. If you accept the idea that cloud is indeed
transformational, the next logical set of questions is: What exactly is being
transformed? What are the things you can do in the cloud that you could
7 WAYS CLOUD COMPUTING CAN TRANSFORM PROCUREMENT AND SUPPLY CHAIN MANAGEMENT 2
not do with previous procurement and supply chain No. 3. Remodel product development: Just as cloud
models? Where, what and how can you innovate? enables a transformation of customer service, it also
gives organizations a chance to rethink how new
Every organization will strive to come up with its own products and services are developed. Cloud empowers
answers to these questions in order to leverage cloud DevOps teams to easily integrate agile processes with
for its own competitive differentiation. But there will modern tools such as containers and microservices.
also be areas of commonality, particularly when it comes An idea can go from concept to execution in a
to procurement and supply chain management. matter of weeks and be scaled quickly and easily. The
What are those common themes? Here are seven ideas combination of cloud speed, agility and economics
to provide food for thought. gives business leaders the opportunity to solve business
problems through product development. Cloud makes
No. 1. Reduce risk: Cloud reduces procurement and it conceivable to approach business problems in a
supply chain risk in many ways. With a cloud platform, completely new way—using software and creating apps
organizations have an opportunity to eliminate silos to quickly create opportunities based on real-time data
between applications and their data, so decisions and intelligence.
can be made in real time, using current information
and analytics. Extensive automation speeds decision-
making and reduces paper and manual processes that
can be the cause of mistakes and a roadblock to taking
fast, data-driven actions. Cloud provides a centralized
platform to manage areas such as cybersecurity,
regulatory compliance and governance. Organizations
can respond in real time to threats, disseminate threat
intelligence via the cloud and centralize cybersecurity,
IT governance and compliance by eliminating silos.
Tasks such as patching and updates become much
simpler and automated with a cloud-native platform.
No. 5. Fully embrace digital procurement and reactive supply network lets organizations use social
supply chain: Cloud offers the opportunity to go fully media preferences to develop new products and make
digital, meaning organizations can do more than just data-driven, real-time, automated decisions to aim
improve existing functions that are already handled existing products at specific demographics. It enables
in on-premises software—they can now easily digitize organizations to eliminate paper completely and
processes and functions that remain manual or offline. automate payments. It lets businesses apply machine
These include processes such as warehouse receipts, learning and AI to manufacturing and distribution
paper work orders and other paper-based processes, processes to manage costs, eliminate waste and
plus any activity that happens on a spreadsheet. With increase productivity. The list goes on. In many cases,
cloud, virtually every business activity can be brought the possibilities are limited more by what can be
into the digital workspace, eliminating application silos imagined than by what the cloud can deliver.
and the lack of access to all data, both of which are a
roadblock to supply chain efficiency and innovation. TAKING THE NEXT STEP
No. 6. Accelerate everything: In procurement
Moving procurement and supply chain management
and supply chain, speed matters. With everything
to the cloud is not a matter of listening to the hype or
connected and automated, and with real-time data
merely following corporate dictates to be cloud-first or
and analytics, the organization can respond much
cloud-only. It is about using the cloud as the foundation
faster to anything. Cloud accelerates DevOps teams
for truly rethinking and transforming an organization to
and development cycles, which means faster and more
take advantage of capabilities that were never before
reliable deployment of new services. It accelerates the
available and are still unavailable to companies that
ability to react in real time to actual events. Examples
continue to depend on on-premises solutions.
include automatically changing delivery routes based
on severe weather; ensuring critical medical supplies The opportunity to use the cloud to achieve
and vaccines are in stock and made available to competitive advantage through digital procurement
healthcare organizations when they need them; and and supply chain is still available for organizations ready
building an informational web portal in a matter of days and willing to seize the moment. It is still early in the
to share and disseminate COVID-19-related updates market’s development, but things are moving quickly
and other critical information. in the cloud’s direction, accelerated by the COVID-19
crisis and the need to react to a changing environment
No. 7. Empower innovation: Once the organization’s
with speed, agility, automation, data-driven analytics,
procurement and supply chain management systems
security and reliability.
are in the cloud, it is time to look at what else can be
done. It’s not just that everything is faster, more agile To learn how to transform your business through a
and easier to scale; it’s the new reality that organizations cloud-native platform for procurement and supply
can do things they’ve never done before. A real-time, chain management, please visit GEP.com.
GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global
enterprises become more agile, resilient, competitive and profitable.
GEP SOFTWARE is part of Clark, NJ-based GEP® — the world’s leading provider of procurement and supply chain
strategy, software and managed services. www.gepsoftware.com
There is a paradox in modern business technology. Rapid evolution in the supply chain and procurement space
necessitate integrating next-generation technology to leverage competitive advantage with legacy systems. Yet,
integration is often a complex and time-intensive task that requires the cooperation of IT teams, third-party system
specialists and custom development that negate the goals of speed-to-market. There is rarely an integration process
that doesn’t involve the ad hoc costs associated with upscaling technology infrastructure and resources.
GEP CLICK™ is a next-gen integrator unifying GEP’s procurement and supply chain solutions with clients’ ERP/CRM
systems in just a few clicks.
2
GEP CLICK is designed for procurement and supply No specialized IT teams required, built for
chain pros who need to increase productivity, improve business integrators
planning efforts and accelerate implementation cycles. Multiple deployment options featuring
pre-packaged integrations
Powered by Microsoft Azure, GEP CLICK takes the pain
out of integration projects. Easily integrate your legacy
systems with GEP’s cutting-edge software. Cut the time
and cost out of integration. Deploy components at your
own pace and enjoy a unified experience across
ADVANCED
on-premises or cloud solutions, on any system, anywhere
in the world without any disruptive upscaling or
CAPABILITIES:
infrastructure replacement. Single cloud integration for all
GEP software
Deliver hardware and software savings thanks to the cloud-native platform that doesn’t need your existing
technology infrastructure to be replaced or upgraded. Enable your IT team to run lean and focus on more mission
critical projects as integration is no longer their concern. GEP has it under control.
Integrate ERP solutions such as SAP, S/4 HANA and MDG-S on one cloud-native platform
GEP CLICK is the cloud integration platform that allows enterprises to integrate their ERP, CRM and legacy
systems into a single digital solution that slashes the cost of integration and reduces implementation time. GEP
CLICK’s cloud integration platform as a service (iPaaS) enables companies to:
Reduce reliance on costly third-party resources and consultants for integration work
Ensure end-to-end data integrity from sales through sourcing, purchasing, inventory management to invoicing
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