Dublin, Oct. 21, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/7mkrxs/global_supply)
has announced the addition of the "Global
Supply Chain Management Software Market 2012-2016" report to
their offering.
One of the key factors contributing to this market growth is the
need for companies to improve their efficiency. The market has also
been witnessing the development and adoption of supply chain
visibility and event management. However, vendor and partner
relationship issues could pose a challenge to the growth of this
market.
Commenting on the report, an analyst from the team said: SCVEM is
an integrated system which helps a company define the important
aspects of the entire supply chain. It helps identify any
disruptions in the supply chain and provides immediate
notification. Senior supply executives think that the use of SCVEM
will act as a strategic advantage for their business. They
recognize that the best way to integrate with third parties that
provide visibility data is through SaaS-based applications or
online and mobile access. Many organizations are accustomed to
exchanging information with supply chain partners through EDI.
These companies know the value of exchanging information with the
extended network of supply chain partners and are willing to extend
into other upcoming technologies. Here, SCVEM will help in
identifying the problems that prevail in the supply chain. It has
been reported that among those who invested in improving supply
chain visibility in 2012, only 5 percent purchased SaaS-based
applications and only 15 percent intend to do so in the
future.
According to the report, the Global
Supply Chain Management market is driven by the need for
companies to improve their efficiency. Companies are trying to
improve customer satisfaction and reduce the costs they incur from
labor and inventory maintenance by using appropriate SCM software.
SCM not only improves efficiency, but also improves procurement
efficiency, product innovation, and manufacturing excellence.
Companies Mentioned:
- Accellos Inc.
- Descrates Inc.
- Epicor Corp.
- GTNexus Corp.
- Global Solutions Inc.
- HighJump Software Inc.
- IBM Corp.
- Infor Global Solutions Inc.
- Kewill Systems Inc.
- Kinaxis Corp.
- Lawson software Corp.
- Logility Corp.
- Manhattan Associates Inc.
- Oracle Corp.
- Quintiq Corp.
- Redprairie Corp. SAP AG.
- Retalix Corp.
- Servigistics Inc.
- Totvs Inc.
For more information visit http://www.researchandmarkets.com/research/7mkrxs/global_supply
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