What is Commodity Management Software?
Commodity management software assists in managing the commodity-based business cycle that includes the procurement, logistics, trading, processing, and distributing the products and mitigating the risk. The software manages all the activities related to the buying and selling of the commodities, it helps in tracking, pricing, and maintaining the volume of the commodities. It provides features like managing the inventory, contract management, accounting, supplier management, and facilities.
The market study is broken down, by Application (Sma-medium Size Enterprises and Large Size Enterprises) and major geographies with country level break-up.
SAP SE (Germany), iRely (United States), Allegro Commodity Management (United States), Agworld Pty Ltd (United States), Generation10 (United Kingdom), Openlink Financial LLC (United States), DataGenic (United Kingdom), Eka Software Solutions (United States) and ION (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Commodity Management Software market by Type, Application and Region.
On the basis of geography, the market of Commodity Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pricing Option, the sub-segment i.e. Subscription based will boost the Commodity Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Installed - Mac will boost the Commodity Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Built-in Accounting will boost the Commodity Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 11th February 2020, Eka Software Solutions, a global leader in commodity management solutions, announced the launch of its extensible cloud Platform. The cloud-native platform leverages Blockchain, Machine Learning, and advanced analytics to help automate trading and business workflows through complex supply chains for commodity-intensive businesses across agriculture, energy, metals, mining, and manufacturing markets.
- Emerging IoT in the Commodity Management Software
- Integration of ERP Solutions with the Commodity Management Software
- Need for the Optimisation in Commodity Pricing and Better Management of Risk
- Demand for Automation for Accurate Data Management Related to Trading of the Commodity
- Technological Advancement in the Commodity Management Software
- Rising Number of Trading Operation Across the Word will Bost the Commodity Management Software Market
- Data Privacy Related Issues with Commodity Management Software
- Upgradation and Troubleshooting Problems with Commodity Management Software
Key Target AudienceCommodity Management Software Developers, Commodity Management Industry Association, Research and Development Institutes, Regulatory Bodies, Potential Investors and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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