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Logistics Execution System (LES) Market Information and Best Guideline by Coherent Market Insights (2021-2027)

03-08-2021 07:47 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Logistics Execution System (LES) Market

Logistics Execution System (LES) Market

The Logistics Execution System (LES) is a major component of supply chain management and comes under the umbrella of Digital Enterprise. The LES software tool allows an administrator to monitor and update the entire flow of materials in real-time. Moreover, logistic execution software also helps the administrator to efficiently manage the information of materials and processes in all stages of the supply chain, from procuring raw material to delivering the finished products. Furthermore, this system is also capable of monitoring the material which is in process along with the material in warehouses, thus improving inventory management and reducing the operational costs. Owing to this, companies are rapidly adopting LES systems which is expected to drive the market growth. For instance, according to Coherent Market Insights, adoption of digital Supply Chain Management tools such as LES reduces operational costs by 30%.

Furthermore, various companies are transforming their supply chain by developing their own logistic execution system as per their requirement. Every organization has unique LES requirements depending on their operational workflow, which will also help the LES market to grow during the forecast period. For instance, Mahindra Logistics Ltd has developed their own in-house Logistics Execution System called Mahindra Integrated Logistics Execution System (MILES) based on Oracle Transportation Management (OTM) which helps them to manage their logistics business effectively.

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What are the Major Key Players of Logistics Execution System Market?
Major players operating in the global logistics execution system market are SAP, Dassault Systems, Oracle, ITC Infotech, CCP Global, SBP Consulting, Aimtec, SILVEO, Westernacher Consulting, INCONSO GmbH, Neusoft Corp, CMAC Inc. and TRIACOS.

What are the Segmentataion of Logistics Execution System Market ?
• On the basis of Product Type, the global logistics execution system market is segmented into:
◦ Services
▪ Managed Services
▪ Consulting Services
◦ Software
• On the basis of Enterprise Size, the global logistics execution system market is segmented into:
◦ Large Organizations

What are the End-Users of Logistics Execution System Market?
• 3rd Party Logistics
• Manufacturing
• Healthcare
• E-commerce
• Food & Beverages
• Others

Contact Us:-
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027

About Coherent Market Insights:-
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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