Global supply chain management software market slated to grow at a CAGR of 10.73% over 5 years

Global SCM Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts.

With supply chain continuing to be a key source of competitive advantage in driving business growth objectives, the worldwide supply chain management (SCM)softwaremarket grew 7.3 %to USD 8.9 billion in 2013.

This report, Global Supply Chain Management (SCM) Software Market 2014-2018, gives a detailed analysis of the market and focuses on the major players, recent developments and key drivers of the global supply chain management software market.

Market overview

While IT budget scrutiny and global economic conditions are emphasizing cost reduction as a main business driver, a competent supply chain structure continues to remain a key source of competitive advantage in driving business growth objectives. The market performed well as supply chain investments continued to hold importance and moved forward, even though IT budget decision-makers remained vigilant. Most companies have some essentials of supply chain systems – for example, warehouse management or forecasting sales. The companies that procure real benefits from their supply chains are the companies that take a holistic, integrated approach to SCM systems.

Key regions and players

North America and Western Europe continue to be the prime consumers of SCM software with nearly 77% of market revenue. The key players include JDA Software Group Inc., Manhattan Associates Inc., Oracle Corp., SAP AG , Accellos Inc., Aldata Software Management Inc., Descrates Inc., Epicor Corp., GTNexus Corp., IBM Corp., IBS Corp., Kewill Systems Inc., Lawson Software Corp., Logility Corp., Quintiq Corp., RedPrairie Corp., Retalix Corp., Servigistics Inc. and Totvs Inc.

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