Cloud Computing for Supply Chain Management

Cloud Computing is one of the most significant trends in IT. With every organization in this competitive world looking for more efficient supply chain management, cloud computing contributes to making processes more efficient. This paper outlines the benefits of cloud solutions for logistics and supply chain management and also the key factors influencing the cloud adoption by enterprises. Implementation is not an easy task, so procedures and tools are required for successful introduction with minimal risks to organizations. Enterprises have to use efficient decision models, risk assessment models, and risk optimization models which will help decision makers to determine the optimal safety investments to minimize the cost of failures.