Cloud storage is a service that allows you to store and access your data on remote servers over the internet, instead of on your own hardware. This offers several benefits for SCM, such as cost-efficiency, accessibility, security, and analytics. You can save money on buying, maintaining, and upgrading your own storage devices, as you only pay for the storage space and features you use. Moreover, you can access your data anytime, anywhere, and from any device with an internet connection. You can also share your data with supply chain partners and collaborate in real-time. Additionally, you can protect your data from unauthorized access, loss, or damage by using encryption, authentication, backup, and recovery features provided by the cloud storage provider. Furthermore, you can leverage the cloud computing power and tools to analyze your data and gain insights into supply chain performance. Data visualization, dashboards, reports, and alerts can be used to monitor and improve supply chain processes and outcomes. Finally, you can comply with the data privacy and security regulations of different regions and industries.