Integrated Cloud Logistics Platforms

Trend Definition 

What is the essence of this trend? What is its impact? 

• Essence: Integrated Cloud Logistics platforms represent a fusion of logistics operations and cloud technologies to connect various logistics functions - from order processing to delivery tracking - within a unified cloud-based platform
• Impact: The integration simplifies logistics processes, offers real-time insights into various aspects of the supply chain, and provides the chance to apply predictive analytics and efficiency gains in resource allocation

Trend Drivers 

Why is this trend emerging now? What’s changing? 

• Rapid Advancements in Cloud Computing: Continuous technological advancements in cloud computing have made it possible to efficiently handle complex logistics operations, enabling robust data storage, enhanced computing power, and better scalability
• Increased Possibilities in Real-Time Data and Analytics: In the digital age, the importance of real-time data for decision-making in procurement is unprecedently high and enabled through data sources at multiple stages of the supply chain 

Use Cases 

How to apply this trend? 

• Digitised E2E Logistics Platform: Integrate information from order placement to delivery
  Example: Cleo Integration Cloud connects the firm's existing ERP systems with API-enabled third-party services, enabling constantly updated and integrated procurement options
• Logistics API: Integrate shipment information into the own business
  Example: DHL offers third parties the opportunity to integrate its solutions and therefore keep track of all shipments, allowing for better plannability in procurement departments

Procurement Relevance & Response Strategies 

How should Procurement adapt its Processes, Organisation, and Strategy?

• API Integration: Procurement departments can enhance their connectivity with partners and streamline sourcing and contract management by implementing and utilising APIs. This approach promotes greater transparency and planning efficiency
• Data-Driven Decision-Making: Use Cloud Logistics platforms for real-time data analysis to improve demand and Procurement forecasting as well as cost-performance