Worldwide Supply Chain Management Software Market Shares, 2017: Year of the Portfolio Play
This IDC study discusses the worldwide market for supply chain management software. This market grew at a strong pace (4.0% in 2017 over 2016) to reach $9.3 billion. Growth in the supply chain management market was driven by the need for omni-channel "buy anywhere, fulfill anywhere" processes, as well as pressure to measure and move goods more efficiently to mitigate bullwhips, and create more accurate track and trace capabilities."Supply chain management capabilities are mission critical to the success of any organization that makes, moves, or sells goods. Investments in supply chain management software act as both an investment in competitive necessity and a differentiating edge over peers," says Victoria Brown, research manager, Global Supply Chain Management Execution Strategy. "Supply chain applications will continue to be the lynchpin to hold organizations together and move them forward down the path to optimal processes, margins, and customer experience."
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