Final answer:
The statement 'Cloud systems provide less visibility for global supply chains' is true. Cloud computing can introduce challenges in terms of supply chain visibility, but it also provides opportunities for improvement through advanced analytics.
Step-by-step explanation:
The statement 'Cloud systems provide less visibility for global supply chains' is true.
Cloud computing refers to the practice of using remote servers, hosted on the internet, to store, manage, and process data. While cloud systems offer many advantages, such as scalability and cost-effectiveness, they can also introduce challenges when it comes to supply chain visibility.
Traditionally, supply chain visibility refers to the ability of organizations to track and monitor the movement of goods, materials, and information across the supply chain network. With cloud systems, this visibility can be reduced because the data and processes are managed by external service providers. The reliance on third-party systems can create information gaps and dependencies that may hinder the ability to have a complete view of the supply chain.
However, it is important to note that cloud systems can also provide new opportunities for enhancing supply chain visibility through the integration of various data sources and advanced analytics. By leveraging cloud-based technologies, organizations can gain real-time insights into their supply chains and make more informed decisions.