The world is rapidly evolving due to technology’s growing ability to deliver seamless remote functionality in the form of cloud-based applications, both at the individual and corporate level.
Having the latest updates for your in-house software and customer-facing systems means you will always be at the forefront of your industry. And in an industry like fashion, where trends come and go with alarming speed and frequency, having the latest technologies should be considered critical.
Why Use the Software as a Service Model?
SaaS is increasingly the preferred way of implementing new technology because it is more efficient, cost-effective, and easier to support than the traditional model of buying software licenses.
In the traditional model, a business would have to purchase software, take the time to implement it—including any migration from older systems—and keep that software updated. Merely keeping a corporate application up to date is a costly process, with licenses often being prohibitively expensive.
The cost can be a real barrier to small and medium-sized businesses. Not being able to afford the same enterprise-grade applications as larger corporations is a significant impediment to growth, as those smaller businesses will struggle to compete on the same scale when they lack the same tools. While large corporations may not flinch at the cost, traditional licensing can still pose logistics issues when implementing that software across multiple locations or porting your system internationally.
Single-release software -where a software company releases significant updates to their applications at lengthy intervals, such as yearly- can often leave businesses struggling to get to grips with new features or missing old ones.
SaaS for Fashion
In the world of fashion, where changing seasons and fickle trends require the ability to switch directions quickly and on short notice, software as a service is a game-changer.
A remotely hosted solution on a subscription-based pricing model allows smaller companies to match the convenience and efficiency of huge corporations. Still, it also ensures they are never bogged down by migration issues. Updates to this kind of software are small and incremental, and the companies that provide can afford to give a higher degree of support thanks to consistent and forecastable revenue. All this adds up to less time spent acclimatizing to software updates and more time spent putting that software to good use.
Connecting Your Supply Chain
Few industries rely on an efficient and cost-effective supply chain quite as much as fashion. With new products consistently designed and manufactured, and large quantities of said products transported, there is plenty of opportunity for many small inefficiencies and mistakes to add up and cost a business a significant amount in the long run.
Many service-based software providers offer access to complete suites of software, rather than a single application. Not only is this far more practical for smaller businesses over-buying many applications, but it also grants those businesses access to a range of features that might never have been within their reach.
The Suuchi GRID is taking the SaaS model to the next level, providing seamless integration at all steps of your supply chain.
LEARN MORE: Learn more about Suuchi’s SaaS solution for fashion enterprises.
Written by Suuchi Industry Insights