Updating the Custom Parts from network storage

I have downloaded the custom library from our network storage (onedrive platform) created by my teammates.

I have performed some changes in some properties of the part and saved it.

Now i want to update the parts placed on my schematics, if i right click on particular part on design cache and click on update cache the changes made to part properties is not getting reflected in the schematic.

If i place that part in which the changes are made on schematic newly, properties are updated. 

I have repeated the same steps for the library or the part which is in my local storage, the changes are getting updated for all parts which is already placed on schematics once i perform update cache on that particular part.

But i need it to get updated on the network storage, how to get those changes on network storage?