What's driving the Cloud Supply Chain Management (SCM) Market Trends? | Top Key Players are JDA Software, IBM, Logility, Kinaxis and Oracle
Surging adoption in transportation management has been one of the major drivers for the cloud SCM market. As the world’s transportation networks and supply chains become increasingly intertwisted and complex, the systems that support them are advancing and improving at a rapid pace. Software vendors have been integrating more transportation optimization capabilities into their solutions, making it easier for shippers to streamline their supply chains, while also making them more cost- and time-efficient. This has been augmenting the growth of the cloud SCM market.
Request to Get the Sample Report@https://www.psmarketresearch.com/market-analysis/cloud-supply-chain-management-market/report-sample
Insights on Market Segments
During the course of our analysis, we found that demand planning and forecasting is projected to witness the highest growth, with 20.3% CAGR during the forecast period, among all solutions in the cloud SCM market. Demand management solutions help to predict and manage replenishment effectively, align price and profit margins, better leverage past product performance and maintain a leaner and more profitable supply chain.
Cloud SCM market has been growing at the highest pace in Asia-Pacific on account of surging industrialization in the region, and the growing adoption of automation among enterprises. Growing e-commerce market coupled with increasing focus on reducing the ownership cost are the other factors driving the cloud SCM market in the region. The regional governments have also been supporting the industrial growth, which is being translated into the growth of cloud SCM market in the region.
CLOUD SCM MARET SEGMENTATION
Cloud SCM Market, by Solution
Demand Planning & Forecasting
Inventory & Warehouse Management
Product Life-Cycle Management
Sales & Operations Planning
Procurement & Sourcing
Product Master Data Management
Cloud SCM Market, by Service
Training & Consulting
Support & Maintenance
Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=cloud-supply-chain-management-market
There exists a high degree of rivalry for wining over the clients among the companies operating in the cloud CSM industry. In 2017, Aditya Birla Online Fashion (Abof) selected IBM Cloud and Watson to deliver a personalized and convenient shopping experience to their customers. It will endow the Abof customers with various accessibility features, such as using natural language questions within Abof’s enhanced eCommerce platform, and receiving greater personalization and product recommendations
Some of the companies operating in this market include JDA Software, IBM, Logility, Kinaxis, and Oracle.
Toll-free: +1-888-778-7886 (USA/Canada)
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Cloud Supply Chain Management (SCM) Market Trends? | Top Key Players are JDA Software, IBM, Logility, Kinaxis and Oracle here
News-ID: 1807089 • Views: …
More Releases from P&S Intelligence
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media. In order to pace up the 4th industrial revolution, businesses across various industries
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG. North America will grow the fastest with a rate of 10.5% in
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use. Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls
North America, the Largest Revenue Producer in Public Safety and Security Market
The size of the public safety and security market was at $411 billion in the year 2021, which will reach over $1,115 billion by the year 2030, advancing at a growth rate of around 12% in the years to come. This is largely ascribed to the rising application of innovative technologies in smart cities, increasing crime rates, the increasing cases of disastrous accidents, and the growing count of terrorist activities
More Releases for SCM
SaaS-Based SCM Market 2021 | Detailed Report
The SaaS-Based SCM research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the SaaS-Based SCM research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving force. Get Free Sample PDF (including full
Cloud SCM Market: Technological Revolution Fueling Market Growth
Global Market Insights, Inc.: The Report 2019-2025 Cloud SCM Market Report explores the essential factors of the market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario. There is a growing awareness of benefits of cloud SCM market and a rising demand for management solutions among enterprises. Various sectors and industries are adopting cloud-based SCM; for instance, in transportation management. Key factors, such as
Rethink! Smart SCM 2018
Driving the Transformation of Supply Chain Management 19. - 21. September 2018 | Maritim proArte Hotel Berlin | https://rethink-smart-scm.de/ 2,5 tägiger Supply Chain Management Summit 150+ Top-Level SMC Verantwortliche & Logistikleiter Launch Event: 19. - 21. September 2018 Veranstaltungsort: Maritim proArte Hotel, Berlin Berlin, 29.06.2018 – Vom 19. – 21. September findet die Rethink! Smart SCM 2018 zum ersten Mal in Berlin statt. Das Strategie & Technologie Event wurde speziell für Supply Chain Verantwortliche &
Healthcare SCM Market - Healthcare SCM Market 2017- Oracle Corporation, SAP SE, …
With increasing demands for serving high quality healthcare services by end-customers, there have been increasing cost pressures on the healthcare service providers while procuring these services. Consequently, the service providers have been looking for various areas of cost cutting, and supply chain has been factored out to be contributing around one-third of the operating expenses. The supply chain for healthcare involves producers, purchasers and service providers to end-consumers. Request a Sample
Hot Business Topics. SCM (Supply Chain Management)
AuraPortal is the most effective tool for the preparation and delivery of ordered goods and services, tailored to each organization's needs Woburn (Boston), MA, July 08, 2011 - AuraPortal´s (www.auraportal.com) Workflow, information and collaboration capabilities not only encompass providers and suppliers, but also distributors, sales agents, indirect channels, customers, etc. This creates a cohesive environment in all actions and normalizes the results of the entire supply chain. AuraPortal BPMS provides an innovative
PharmaTraining React to Increasing Importance of SCM
Aware of the increasing importance of pharmaceutical supply chain management (SCM) within the industry, PharmaTraining is running a two day SCM workshop, at the Window Conference Venue, Islington, London from the 5th – 6th May 2011. Standon, Staffordshire, March 23, 2011 -- The trainer for the workshop, Hedley Rees, is an expert in the field of supply chain management and author of ‘Supply Chain Management within the Drug Industry’. Hedley has