Monday, 21 July 2014

Global Supply Chain Management Software (SCM) Industry Report for Growth and Revenue Forecast 2018


 on SCM is a software application that facilitates the activities of the entire supply chain. It provides accurate information and an end-to-end view of supply chain processes SCM software refers to the software used in supply chain transactions and it helps in managing supplier relationships and business processes. The software integrates the company and the supply chain together in a single system and helps end-users oversee areas such as management, purchasing, warehousing, sales, marketing, shipping, and customer services. This helps enterprises to make efficient and effective business decisions.

Analysts forecast the Global  Supply Chain Management Software market will grow at a CAGR of 10.73 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in the Global Supply Chain Management (SCM) Software Market: JDA Software Group Inc., Manhattan Associates Inc., Oracle Corp., SAP AG , Accellos Inc., Aldata Software Management Inc., Descrates Inc., Epicor Corp., GTNexus Corp., IBM Corp., IBS Corp., Kewill Systems Inc., Lawson Software Corp., Logility Corp., Quintiq Corp., RedPrairie Corp., Retalix Corp., Servigistics Inc., Totvs Inc.

One of the major trends in the Global SCM Software market is an increase in demand for TMS software. TMS software offers better execution and efficiency of business processes, which leads to its increased adoption. Tools such as predictive analytics are also being integrated within this software to gain a better understanding of supply-demand cycles and communication between shippers and carriers. This will help in transportation planning and supply chain logistics. Therefore, with the growth of the Global SCM Software market, vendors will strive to collaborate capacity management with TMS software

Covered in this Report
The Global SCM market can be divided into five segments, namely, the Warehouse Management System, Transportation Management System, Supply Chain Planning, Procurement Software, and Manufacturing Execution System segments.

Global SCM Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global SCM market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the Global SCM Software market is driven by many factors. One of the major drivers is the need to improve the visibility of the supply chain since it can help reduce errors and extra staffing costs. Moreover, organizations use SCM solutions to keep track of all components of the supply chain and to gain a better understanding of the chain.

Further, the report states that , the Global SCM Software market faces some serious growth inhibitors. The rise in complexity of supply chain networks inhibits major enterprises, small enterprises, and government organizations from adopting SCM software. Different solutions with customized products increase the complexity of these solutions and create issues for vendors and clients.