Experience with supply chain technology

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Question

Given its lack of experience with supply chain technology and reliance on Excel, it would be a long, costly initiative for GRI to develop internal IT capabilities and personnel. Hence, it would be far more efficient and effective for GRI to adopt cloud-based tools and rely upon the Software as a Service distribution model to access the necessary IT capabilities. That way, GRI would not have to make a major upfront investment in equipment and software. The cloud-based option will also be much faster to implement for GRI, allowing them to capture the Mega-Mart business. When adopting a SaaS model provides GRI with a cost-effective, scalable, and quickly deployable solution to enhance its supply chain technology capabilities, making it the more strategic choice over licensing software or developing in-house capabilities.

Reference no: EM133774994

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