|04-15-2019 08:21 PM CET - Business, Economy, Finances, Banking & Insurance||
Supply Chain Management Market 2018-2025 | Global Business Opportunities and Forecast
Press release from: Allied Market Research
The outsourcing of the supply chain management (SCM) function of the organization to the third-party service provider is SCM business process outsourcing (BPO). The SCM was intended to be a core function within organization. However, fundamental changes in SCM such as need of beyond boundary approach of logistics, procurement, and inventory management create the need for the SCM BPO market. Minimizing the overall cost, meeting the customer demand, and more flexibility in supply chain operation are some if the salient features of SCM BPO. Unexpected costs and difficulty in integrating SCM in the BPO limit the adoption of SCM BPO.
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The rise in need of cost-effective operations and growth in demand for advanced SCM practices drive the SCM BPO market. Data security while outsourcing the SCM is one of the important challenges in front of the market. The adoption of cloud-based BPO for SCM creates ample opportunities in the market.
The integration of advance technology such as cloud and analytics in the SCM by the key vendors creates intense competition in the market. For instance, service provided by Accenture reduces logistics cost, improve availability, and improves service revenue. The market is expected to grow at a considerable rate owing to technological advancement and integration of outsourcing processes with SCM.
The market is segmented based on sourcing, type, service, industry verticals, and geographic landscape. In terms of sourcing, it is divided into onshore, offshore, and nearshore.
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Based on type, it is bifurcated into traditional SCM BPO and business process as service (BPaaS). The service segment is categorized into order management, inventory management, after market service, logistics, SCM analytics, manufacturing operations, sourcing, and procurement. The segmentation of the market based on industry vertical is studied across banking, financial services, and insurance (BFSI), aerospace & defense, healthcare, public sector, IT & telecom, retail, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Comprehensive analysis and profiles of the major market players such as Accenture LLP., Capgemini SE., Genpact Limited., International Business Machines Corporation, Tata Consultancy Services Limited, Avnet, Inc., HCL Technologies Ltd., Infosys Ltd., WNS Global Services Pvt. Ltd., and UPS Supply Chain Solutions, Inc., is also provided in this report.
•This report is an extensive analysis of current and potential market trends in the dynamic global market of SCM BPO.
•The report contains in depth quantitative analysis of current and future market estimations through 20162023, which helps recognize the appealing market opportunities.
•Extensive analysis of the market helps understand the current practices for the better investment decisions.
•Key market players are profiled and their strategies are analyzed thoroughly, which elucidates the competitive outlook of global talent management tools.
•Extensive analysis of the market is conducted by monitoring the top competitors within the market framework.
•Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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