Supply Chain Management Software Market Poised for Substantial Growth through 2021
Report provides brief overview on Supply Chain Management (SCM) industry and also the market segmentation ,including all warehouse and inventory management .
Albany, New York, December 19, 2016: A recent study on the supply chain management has been focused in a report added to the online repository of Market Research Hub. The report is titled as “Global SaaS-based Supply Chain Management Software Market Research Report 2016”. Geographically, the market covers some key regions such as North America, Europe, Japan, China, India and Southeast Asia. By analyzing these regions, the report evaluates the growth prospects, market share, consumption, revenue etc. that influence the growth of the market during the forecast period of 2011 to 2021.
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First of all, the report provides brief overview on Supply Chain Management (SCM) industry and also the market segmentation. SCM, including all warehouse and inventory management, is the management of services & products that are to be delivered to the customers. In this management, software tools are used for executing supply chain transactions, managing suppliers’ relationships and controlling business processes. The most sustainable solution to SCM software is Software-as-a-Service (SaaS). It is a relatively new mode of ERP distribution that allows smaller firms to take advantage of offsite integrated business solution hardware.
Further, the report segments the market on the basis of types and applications. By application, it can be divided into; Private enterprises, Government agencies and Listed Companies. Additionally, the report also focuses on development policies and plans for the industry as well as considers a cost structure analysis.
Some of the benefits that will add value to the supply chain management & company profitability, includes
No more software installations on maintenance.
Reduces IT staffing and technology spends.
Immediate access to the latest software innovations, logistics supply chain tools and regulatory compliance.
In addition to helping smaller businesses and checking the cost associated with hardware maintenance, SaaS can also ensure data and system security. Low upfront costs and access to back & front office applications makes it easier for smaller and mid-sized enterprises to gain faster returns on their technology investments. As per the research study, due to growing realization of the benefits of cloud-based services, such as increasing productivity, visibility and competitiveness of an organization, the SaaS-based SCMS market grew by about 24 % in 2014 and is further projected to continue to grow at a high rate by 2021.
Key manufactures of global market highlighted in the report are: SAP, Oracle, JDA, Infor, IBM, Manhattan Associates, Microsoft, and High jump, See burger and Fishbowl. Moreover, significant information on manufacturing base distribution, product type and sales area of each manufacturer are also covered.
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Dec 19, 2016