Supply Chain Management (Scm) Market 2020 Outlook in New Research Report

Global SCM Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 81 pages and provides 37 Exhibits; the report is published in Dec -2015.

The 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 SCM€™s 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.

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Segmentation by application type and analysis of the SCM market SCP, Procurement, MES, WMS and 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.

Segmentation by deployment type and analysis of the SCM market Cloud and On-premise

Even though the cloud SCM or on-demand software accounts for just over 25% of the overall market, organizations nowadays prefer on-demand...