What is Next-Generation Supply Chain Market Scope?
The supply chain will be a critical component to shape the fate of organizations. The Next Generation Supply chain is related to the utilization of the Internet of Things, the utilization of cutting edge mechanical technology, and the use of cutting edge investigation of large information in supply chain management. It gives continuous, start to finish straightforwardness all through the supply chain network. It gives joint data basis to all degrees of the management and capacities in the supply chain network. Developments in organizations, uncertainties along with more limited and harder business cycles, growing customer base, meeting compensation and rising costs, and the advancement of huge information and every one of these will drive the next generation supply chain.
The Next-Generation Supply Chain market study is being classified, by Application (Retail and E-commerce, Automobile, Manufacturing, Oil and Gas, Energy and Power, Healthcare and Other) and major geographies with country level break-up.
The leading organizations are focused on improving their supply chain especially when it comes to enhancing service levels, cutting costs, or optimizing inventory levels. Companies are to gain a competitive advantage by investing heavily in technology up-gradation in supply chain management and giving the best experience to their customer. Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Next-Generation Supply Chain market throughout the predicted period.
IBM Corporation (United States), SAP SE (Germany), Oracle Corporation (United States), Kinaxis Inc. (Canada), E2open, LLC (United States), JDA Software Group, Inc. (United States), Infor (United States), Manhattan Associates (United States), Epicor Software Corporation (United States) and SPS Commerce Inc. (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are WiseTech Global (Australia), Jaggaer (United States), Kewill Systems (United States), Dassault Systemes (France), Zaragoza Logistics Center (ZLC), Coupa Software (United States), Blue yonder (United States) and Verizon connect (United States).
Analyst at AMA have segmented the market study of Global Next-Generation Supply Chain market by Type, Application and Region.
On the basis of geography, the market of Next-Generation Supply Chain 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).
Market Influencers and their development strategies
On 23 July 2020, Blue Yonder acquired Yantriks, a SaaS provider of commerce and fulfillment microservices, to deliver superior e-commerce experiences through a reimagined customer-centric supply chain. This acquisition combines real-time transactional systems with supply chain planning, forecasting, and fulfillment solutions, to power modern commerce and deliver a differentiated experience to their customers right at the beginning of the shopping process.
In Oct 2020, Accenture and Blue Yonder are helping clients across retail, consumer goods, and high tech industries with intelligent, customer-centric supply chain transformations that capitalize on the benefits of a cloud-first approach. By expanding its alliance with Blue Yonder, Accenture will expand and scale its Supply Chain & Operations practice with new capabilities and skills to meet that demand and reinforcing the cloud-first approach as a key tenet of digital supply chain transformation.
Influencing Market Trend
- The use of artificial intelligence (AI) and automation is on the rise in many supply chains
- The increasing level of customization in different parts of the supply chain
- Growing demand for greater visibility and transparency in the data process
- Increasing investment in supply chain innovation, and huge demand from e-commerce
- Drones will be the best way to track inventory and an enabler for Next Generation Supply Chain
- With the rise in e-commerce, the adoption of robots to enter warehouses, sorting centers, and for micro-fulfillment and last-mile delivery
- High cost of technology advance supply chain system
- Government Policy and Regulations
- Demand for more customized or personalized products and services
- Maximizing supply chain flexibility and managing multiple supply chain configurations
Key Target AudienceSupply Chain Organizations, IT sector, Government Regulatory Institutions, Private Research Institutions, Industrial Associations and Management Service Firms
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Next-Generation Supply Chain market expands?
The Global Next-Generation Supply Chain market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Next-Generation Supply Chain market?
The prominent players of Global Next-Generation Supply Chain market are IBM Corporation (United States), SAP SE (Germany), Oracle Corporation (United States), Kinaxis Inc. (Canada), E2open, LLC (United States), JDA Software Group, Inc. (United States), Infor (United States), Manhattan Associates (United States), Epicor Software Corporation (United States) and SPS Commerce Inc. (United States), to name a few.
3. What are the top priorities to focus for Next-Generation Supply Chain marketís growth?
In this highly competitive & fast evolving Next-Generation Supply Chain industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.