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Technavios research analyst predicts the global supply chain management (SCM) market to grow steadily at a CAGR of around 11% during the forecast period. The need to improve supply chain visibility and the desire for better transparency of orders, inventory, and shipment information, has driven the growth of the SCM market. SCM software provides better visibility to organizations with a cross-functional access and also offers exception-based process management platforms that enable staff to micro-manage steady-state processes.
Another key factor that is aiding the SCM market is the growing demand for SCM from SMEs. The primary reason for this demand is SCMs ability to reduce the purchase cycle and obtain high productivity with low operating costs. Also, may SMEs are expanding their business operations, hence the need to implement SCM software to operate easily using automatic management systems is on the rise.
Segmentation by application type and analysis of the SCM market
SCP Procurement MES WMS TMS The SCP segment held the highest share in the global SCM software market with a market share of almost 35% in 2015. The growth of this segment is driven by the need for inventory planning. At present, enterprises use SCP software for demand planning, inventory planning, and asset planning. Moreover, the high demand emerging from developing countries in the APAC region is driving the growth of this segment.
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Supply chain overview Market overview Supply chain network End-to-end procurement cycle PART 06: Market landscape Market size and forecast SCM as part of the global enterprise application software market Five forces analysis PART 07: Market segmentation by application Market overview PART 08: Market segmentation by end-user Market overview
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