Global Supply Chain Management Market Overview:
Supply chain management is a process which includes a wide range of activities necessary to plan, control and execute a products flow, from obtaining raw materials and production through distribution to the final consumer, in the most streamlined and lucrative way. The supply chain management encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that generally consist of demand planning, sourcing, production, inventory management and storage, transport or logistics and return for extra or defective products. Both business strategy and specialized software are used in these activities to create a competitive advantage. Some of the key players profiled in the study are Comarch (Poland), IBM Corporation (United States), Infor, Inc. (United States), JDA Software Group, Inc. (United States), Kinaxis (Canada), Oracle Corporation (United States), Plex Manufacturing Cloud (United States), QAD, Inc. (United States), Sage (United Kingdom) and SAP SE (Germany).
On the basis of geography, the market of Supply Chain Management 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). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Organization Size, the sub-segment i.e. Small and Medium Enterprises will boost the Supply Chain Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Need of Demand Management Solutions among Enterprises
- Improving Business Continuity by Minimizing Potential Failures
- The Emergence of a Closed-Loop Supply Chain
- Consumers Are Increasingly Price Sensitive and Less Brand-Loyal
- Increasing Adoption of Supply Chain Management among Small and Medium Enterprises
- End-To-End Supply Chain Cost Optimization Will be Critical in Future
Major Market Developments:
On 14 Feb, 2019, JDA Software, Inc., today announced the opening up its end-to-end supply chain portfolio as a development platform. JDA’s AI-powered Supply Chain Management (SCM) Platform will uniquely enable customers as well as application development and technology partners to create cutting-edge applications on top of JDA’s solutions for the first time
Supply chain management service provider, Supply chain management solution provider, Healthcare Industry, Retail Industry, Food industry, Governmental bodies and Research Firms
Major Objectives Focused through this Study
To define, describe, and forecast the Global Supply Chain Management market on the basis of product [Solution and Service] , application [Consumer Goods, Healthcare & Pharmaceuticals, Retail, Food & Beverages, Transportation & Logistics and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Supply Chain Management market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Supply Chain Management industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Aspen Technology, Inc. (United States) and Vanguard Software (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Supply Chain Management market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.