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.