US SaaS Based Supply Chain Management (SCM) Market Top Leading Players with Strategies and Forecast 2022-2028

The US SaaS based SCM market is anticipated to grow at a significant CAGR of 12.5% during the forecast period (2022-2028). The SaaS-based SCM market in the US is driven by an increase in demand for cloud-based software across various sectors. The advantages of cloud-based supply chain management software versus on-premise supply chain management software are numerous. Businesses are using cloud SCM to save operating expenses and transform processes since it offers pay-per-use licenses and requires minimal IT setup.

Additionally, cloud SCM companies are improving their portfolios, which is likely to lower the costs of the systems. Furthermore, factors such as the rise in demand for minimal initial investment and the expansion of cloud SCM in the e-commerce industry create the attractive potential for the market. Apart from that, it provides enterprises with a number of benefits, including faster deployment, lower risk, more flexibility, lower IT demand, increased visibility, and so on, all of which are contributing to the growth of the SaaS-based SCM market.

The SaaS-based SCM allows supply chain managers to track how well their present operations are functioning or failing, allowing them to anticipate minor issues and reallocate resources to more important outcomes. It generates data-driven, dependable solutions that may be leveraged to increase corporate operations efficiency. Organizations with cross-functional access benefit from SaaS-based SCM, which includes exception-based process management tools that allow staff to micro-manage steady-state operations. End-users are more likely to employ SCM software as a result of this. Furthermore, the market's expansion is aided by a surge in the demand for improved supply chain visibility and a desire for greater transparency in order and shipment information.

Some major players in the market include Blue Yonder, Inc., HighJump Software Inc., Manhattan Associates, Inc., Oracle Corp., and The Descartes Systems Group Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.

Company's and its Solution
• Blue Yonder, Inc. offers Luminate Platform which enables global brands to harness the full potential of their data in order to integrate, process and act at scale throughout their supply chains. Their Luminate Platform gives you a single, end-to-end picture of your business, allowing you to prepare ahead of time and produce world-class customer experiences.
• Manhattan Associates, Inc. provides faster, smarter, easier, extensible, versionless, and connected supply chain services. Their intelligence enables real-time distribution planning and optimization, resulting in more accurate and timely operational decisions.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Solution
o By Deployment
o By End-User Industry

• Competitive Landscape- Blue Yonder, Inc., HighJump Software Inc., Manhattan Associates, Inc., Oracle Corp., The Descartes Systems Group Inc., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of US SaaS Based Supply Chain Management (SCM) Market is available at: https://orionmarketreports.com/us-saas-based-supply-chain-management-scm-market/97926/

US SaaS based SCM Market Report by Segment
By Solution
• Software
• Service
By Deployment
• Public
• Private
• Hybrid
By End-User Industry
• Consumer Goods
• Retail
• Manufacturing
• Food and Beverages
• Healthcare
• Others

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This release was published on openPR.