Supply Chain Management Solutions Market Expected to Grow at CAGR of 11.2% by 2026 | Key Players : Aspen Technology, Comarch, IBM Corporation,, Infor, JDA Software Group, Kinaxis, Oracle Corporation, Plex Manufacturing Cloud, QAD, Sage, SAP SE , Vanguard

A supply chain can either make or break a business! Supply chain management solutions (software and services) are sought across different industries for inventory management and supervising operational flow. Various industries such as food & beverages, transportation & logistics, healthcare, electronics, automotive, industrial, aerospace & defense, and many more are making use of supply chain management solutions. Several other insights have been covered in a research report titled “Supply Chain Management Solutions Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” that has been added to the research report library of Market Research Report Search Engine (MRRSE).

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Supply Chain Management Solutions Market- Proliferation of E-Commerce Industry to Add Significant Impetus

Surging penetration of internet has been one of the primary reasons for expansion of the e-commerce industry. With more and more number of e-commerce websites mushrooming in terms of number, prompt delivery of goods in a bid to gain competitive advantage has become inevitably important. This, in turn, has pushed the demand for supply chain management solutions.

With the supply-demand matrix getting complex, manufacturing businesses have rapidly started adopting supply chain management solutions (software and services) software. This is expected to incessantly drive the supply chain management solutions market in the coming years. Prosperity of e-commerce has paved ways for high adoption of supply chain management solutions (software and services) solutions. The e-commerce industry is offering new opportunities to leverage for top companies such as FedEx in the area of logistics. This factor is poised to supplement to the growing demand for supply chain management solutions.

Supply Chain Management Solutions Market: Scope of the Report

The supply chain management solutions (software and services) market has been segregated on the basis of deployment, industry, and enterprise size. As per the report statistics, food and beverages segment dominates the global supply chain management solutions market and also accounted for a significant share in 2016. This dominance is attributed to rising requirements & subsequent adoption of supply chain solutions to streamline different processes in the food and beverage industries. This will create immense scope for maximizing the productivity and minimizing the time span involved.

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The food & beverage industry is incessantly adopting supply chain management solutions in order to understand altering consumer preferences, curtailing the risks, and cutting down the risks involved. Furthermore, industries such as transportation & logistics, automotive, and industrial are also registering for major chunks of demand creating lucrative opportunities for this market. Moreover, deployment of supply chain management solutions helps them decode the supply-demand framework in a better way, thereby making it more sought-after.

Market players dealing in supply chain management solutions are looking forward to establishing strategic collaborations in a bid to multiply their profits and expand their geographical reach. Prominent players who are profiled in the supply chain management solutions market report include Aspen Technology, Inc., Comarch, IBM Corporation, Infor, Inc., JDA Software Group, Inc., Kinaxis, Oracle Corporation, Plex Manufacturing Cloud, QAD, Inc., Sage, SAP SE, and Vanguard Software.

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