Cloud Supply Chain Management Market Introduction
Supply chain management (SCM) industry has undergone sea change with introduction of technologically advanced cloud based SCM solutions that are easy to deploy, cost-effective, and offer enhanced scalability. Few years back supply chain professionals were relatively hesitant to migrate their process and systems to cloud, however, with advancements in security layers over cloud many enterprises are moving supply chain management operations to cloud.
SCM solutions make it possible to track a product throughout its lifecycle and monitor supply chain operations in real-time. This helps end user organizations to make quick decisions and communicate effectively with person in charge to reroute a misdirected shipment. Such benefits offered by cloud-based supply chain solutions are projected to boost growth of the market across the globe. Also, breakthrough innovations in key enabling technologies such as data analytics and mobility is increasing the uptake of cloud computing technology for SCM applications among major end user industries.
- Enhanced visibility and real-time management of supply chain operations
- Improved scalability, accessibility, and flexibility
- Better collaboration among existing business process
- Data security and privacy issues
- Inefficient connectivity infrastructure
The global cloud scm market is analysed based on software, deployment model, organization size, and end-user verticals.
- Transportation Management Solution
- Supply Chain Planning
- Procurement Solution
- Manufacturing Execution Solution
- Warehouse Management Solution
- Other Solutions
By Deployment Model
- Small & Mid Enterprises
- Large Enterprises
By End User Verticals
- Public Sector
- Energy & Utility
- Oil & Gas
- Other End Users
Major regions and countries analysed in the cloud supply chain management market are listed below:
- North America (US, Canada, Mexico)
- Western Europe (Germany, UK, France, Italy, Spain, Rest of Western Europe)
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
- Asia Pacific (Japan, China, India, ASEAN, Australia, Rest of Asia-Pacific)
- Eastern Europe (Russia, Poland, Rest of Eastern Europe)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Among these regional markets, in 2017, North America captured the largest market share in the cloud supply chain management market, in terms of value. Presence of large number of early adopter organizations in United States is responsible for cloud SCM market growth in the North America. Also, the market is expected to witness healthy CAGR, in terms of value, in Asia Pacific. Major demand is expected to come from emerging markets of China and India during the forecast period.
Cloud Supply Chain Management Market Competitive Landscape
Prominent vendors operating in the global cloud supply chain management market are SAP SE, Infor, Inc, Oracle Corporation, Dassault Systemes, JDA Software Group, Inc., Logility, Inc., Highjump Inc., Kinaxis, Inc., Manhattan Associates, Inc., and Cloudlogix, Inc. Introduction of cost-effective service level agreements and competitive subscription models is one of the major strategies followed by leading vendors in the cloud supply chain management market. Also, partnership among major players to enhance existing production portfolio and strengthen market position has become one of the emerging trends in the market.
This research report on cloud supply chain management market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.