on time can instantly cascade through the inventory system. This situation can result in strained relationships with suppliers, particularly when they are overwhelmed by demand or face their own operational challenges. As a result, businesses must invest significantly in supplier selection and management processes, which can divert resources away from other operational priorities.Access to Analytics and Reporting Tools

Identifying and Mitigating Potential RisksCloud computing offers a wide range of analytics and reporting tools that enhance the ability of supply chain managers to interpret data quickly and accurately. With

e waste and increase efficiency by receiving goods only as they are needed in the production process, thereby minimising inventory costs.How does cloud computing improve visibility in supply chain management?

How does technology enhance JIT inventory management?Cloud computing enhances visibility by providing real-time access to data and information across the supply chain, allowing companies to track shipments, monitor inventory levels, and respond quickly to changes in demand.

Technology enhances JIT inventory management by providing real-time data, improving communication across supply chains, and allowing for better monitoring and forecasting, which helps in making informed decisions regarding inventory levels.Can cloud computing facilitate faster decision-making in supply chain operations?

What are some common tools and software used for implementing JIT inventory systems?Yes, cloud computing facilitates faster decision-making by offering access to analytics and reporting tools, enabling companies to analyse data quickly and make informed decisions based on current market trends and operational insights.

Common tools and software for implementing JIT inventory systems include inventory management software, enterprise resource planning (ERP) systems, demand forecasting tools, and supply chain management software.What impact does cloud computing have on customer experience in supply chain management?

What challenges are associated with JIT inventory systems?Cloud computing positively impacts customer experience by ensuring timely deliveries and providing accurate information about order status, which