Supply Chain Management Market: Global Industry Analysis, Trends and Forecast 2027

Supply Chain Management Market was valued at US$ 23.2 Bn. in 2020 and is expected to reach US$ 46.4 Bn. by 2027, at a CAGR of 10.4% during a forecast period.

Supply Chain Management Market Overview:

Supply chain management is a series of decision-making and execution procedures, as well as material, information, and money flow that take place inside and between supply chain phases in order to meet ultimate customer needs. The supply chain involves not just the producer and its suppliers, but also transporters, warehouses, retailers, and consumers, depending on the logistics flows. It covers new product development, marketing, operations, distribution, finance, and customer support, among other things. Demand for increased visibility and transparency in supply chain data and processes, strong growth in ecommerce, increasing acceptance of cloud supply chain management among SMEs, and ensuring business continuity by limiting potential failures are all driving the supply chain management market. Supply Chain Management Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

News:

• SAP Company Network, which will bring together Ariba Network, SAP Logistics Business Network, and SAP Asset Intelligence Network, was presented in June 2021 at its global SAPPHIRE NOW conference as the first step in creating the world's largest business network. SAP is announcing additional technologies to assist firms to modernize and digitalize their business processes in order to become intelligent enterprises, in addition to this central announcement.

COVID-19 Impact on Supply Chain Management:

Lockdowns imposed as a result of the COVID-19 outbreak have brought economies to a halt and are affecting every area of North America's supply chain. As a result, various sectors have modified their traditional manufacturing methods to produce medical supplies, PPE kits, and other things that are now required. According to a study done by Supply Chain Media among 143 supply chain decision-makers in Europe, the COVID-19 outbreak is having a significant impact on the supply chains of virtually all European manufacturers, distributors, and retailers. Although 78% report a negative short-term impact, 17 % have good impacts, and only 5% indicate they are unaffected. To function successfully in a pandemic, technologies like artificial intelligence (AI) and machine learning (ML) are beginning to drive company innovation initiatives, which has fuelled the adoption of cloud-based SCM solutions among SMEs.

Supply Chain Management Market Dynamics:

Greater transparency and visibility in supply chain data and procedures are in high demand: The largest impediment to fulfilling the supply chain's goals is a lack of visibility and transparency. Most companies lack the supply chain transparency and insight required to better prevent and detect disruptions and inventory imbalances. This is partly due to an inability to manage an enormous volume of data spread across various processes, sources, and systems. Organizations in the supply chain are struggling to keep up with both technology advancements and the changes that the digital world is bringing to sectors and marketplaces. Leaders in back offices can promote product excellence, expedite time-to-market, and develop new goods and services by leveraging technologies like machine learning, AI, and IoT to improve supply chain transparency. Supply Chain Management Market 1 Growing security and privacy concerns among enterprises: Enterprises that use cloud-based SCM confront security and privacy concerns. Enterprises have confidential data that must be protected to avoid data breaches and theft, which could harm the company's overall reputation. Data from businesses could leak via the Internet and be viewed by unauthorized people, which is becoming a major issue among businesses. For example, multitenant architecture is required for a cloud-based transportation management system, in which a single version of the software operates on a server shared by numerous customers. As a result, there's a chance that a company's subscribers will be able to see competitor data. Limited awareness of supply chain management tools: Healthcare providers are under-informed about supply chain management technologies and their benefits. While various supportive initiatives have been introduced in the market over the years, such as Just-In-Time (JIT) approaches and stockless inventory systems, unlocking the full potential of SCM tools will necessitate increased training on SCM principles, such as improved information and communication within internal departments, information, and measurement systems, and enhanced executive support.

Supply Chain Management Market segment analysis:

Based on deployment type, the cloud segment held the largest share of xx% in 2020. Cloud computing is quickly increasing to support collaborative transportation management solutions as well as other areas of transportation management, such as network capacity sourcing, comprehensive visibility and event management, and ancillary activities, such as freight payment and audit. Manufacturing cycle times can be shortened by using cloud-based business analytics and manufacturing information, which improves supply chain management. Supply Chain Management Market 2 Based on Component, the Software segment was dominant in 2020 and is expected to command a market share of xx% by 2027. The flow of goods can now be managed with digital tools that leverage high volumes of data from multiple sources, connect resources (machines and humans) in real-time, and embrace social media to collaborate beyond organizational boundaries. Based on Enterprise size, the SME segment was dominant in 2020 and is expected to command a market share of xx% by 2027. The increasing number of government initiatives through various digital SME campaigns throughout the globe is expected to drive the growth of small and medium enterprises. The adoption of information technology to enable digital services across different business channels in SMEs is expected to drive the segment demand for supply chain analytics. Based on verticals, for successful FMCG supply chain execution and unexpected cost avoidance, real-time supply chain visibility becomes critical. This industry also requires inventory management systems that will assist end-users in keeping inventories under control and shipments moving in a timely way. Without rigorous warehouse management and inventory control, FMCG distributors risk spoilage, contamination, or damaged items, putting consumers in danger and exposing their company to respond and potential violations of strict food safety regulations. FMCG companies benefit from SCM solutions and services because they get real-time supply chain insight, business analytics, and lower operating costs. Supply Chain Management Market 3

Supply Chain Management Market Regional Insight:

The North American region held the largest market share of xx% in 2020. According to the analysis, the United States will hold more than 79 % in North America by 2030. The increase in expenditure on logistics and transportation, which is enhancing the use of automation technology in supply chain and logistics, can be ascribed to this growth. In the United States, the transportation and logistics sector is enormous and competitive, and it includes companies like railroads, air services, and shipping. As a result of the increasing use of SCM solutions in transportation management, factors such as increased urbanization, increased traffic congestion, and the digital revolution in the transportation sector are expected to fuel market growth in the United States. The objective of the report is to present a comprehensive analysis of the Supply Chain Management market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Supply Chain Management market dynamics, structure by analyzing the market segments and projects the Supply Chain Management market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Supply Chain Management market make the report investor’s guide.

Supply Chain Management Market Scope: Inquire before buying

Global Supply Chain Management Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 23.2 Bn.
Forecast Period 2021 to 2027 CAGR: 10.4% Market Size in 2027: US $ 46.4 Bn.
Segments Covered: by Component • Hardware • Software • Services
by Organization Size Type • On-premises • Cloud
by Enterprise size • SMEs • Large enterprises
by Verticals • FMCG • Retail and eCommerce • Healthcare • Manufacturing • Automotive • Transportation and Logistics • Others

Supply Chain Management Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Supply Chain Management Market Key Players

SAP SE • Oracle Corporation • JDA Software Group, Inc. • Infor • Manhattan Associates • Epicor Software Corporation • The Descartes Systems Group Inc. • HighJump • Kinaxis Inc. • IBM Corporation • Top of Form • E2open, LLC • Descartes Systems Group • WiseTech Global • Jaggaer • Kewill Systems • DassaultSystemes • Vanguard Software • Amadeus • Coupa Software • Blue yonder • Verizon connect • BluJay Solutions • SPS Commerce Inc. • Zaragoza Logistics Center (ZLC) • Melcombe Partners • Ikanuki • ThoughtWire • Via and Voxme Software Inc. • Vendorful • Smart Software • Procure Xperts • OdooTec

Frequently Asked Questions:

1. Which region has the largest share in Supply Chain Management Market? Ans: Asia pacific region holds the highest share in 2020. 2. What is the growth rate of Supply Chain Management Market? Ans: The Supply Chain Management Market is growing at a CAGR of 10.4 % during forecasting period 2021-2027. 3. What segments are covered in Supply Chain Management market? Ans: Supply Chain Management Market is segmented into component, deployment type, organization size verticals and region. 4. Who are the key players in Supply Chain Management market? Ans: The important key players in the Supply Chain Management Market are – SAP SE, Oracle Corporation, JDA Software Group, Inc., Infor, Manhattan Associates, Epicor Software Corporation, The Descartes Systems Group Inc., HighJump, Kinaxis Inc., IBM Corporation, Top of Form, E2open, LLC, Descartes Systems Group, WiseTech Global. 5. What is the study period of this market? Ans: The Supply Chain Management Market is studied from 2020 to 2027.
1. Global Supply Chain Management Market: Research Methodology 2. Global Supply Chain Management Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Supply Chain Management Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Supply Chain Management Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Supply Chain Management Market Segmentation 4.1. Global Supply Chain Management Market, by Component (2020-2027) • Hardware • Software • Services 4.2. Global Supply Chain Management Market, by Organization Size Type (2020-2027) • On-premises • Cloud 4.3. Global Supply Chain Management Market, by Enterprise size (2020-2027) • SMEs • Large enterprises 4.4. Global Supply Chain Management Market, by Verticals (2020-2027) • FMCG • Retail and eCommerce • Healthcare • Manufacturing • Automotive • Transportation and Logistics • Others 5. North America Supply Chain Management Market(2020-2027) 5.1. North America Supply Chain Management Market, by Component (2020-2027) • Hardware • Software • Services 5.2. North America Supply Chain Management Market, by Organization Size Type (2020-2027) • On-premises • Cloud 5.3. North America Supply Chain Management Market, by Enterprise size (2020-2027) • SMEs • Large enterprises 5.4. North America Supply Chain Management Market, by Verticals (2020-2027) • FMCG • Retail and eCommerce • Healthcare • Manufacturing • Automotive • Transportation and Logistics • Others 5.5. North America Supply Chain Management Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Supply Chain Management Market (2020-2027) 6.1. European Supply Chain Management Market, by Component (2020-2027) 6.2. European Supply Chain Management Market, by Deployment Type (2020-2027) 6.3. European Supply Chain Management Market, by Organization Size (2020-2027) 6.4. European Supply Chain Management Market, by Enterprise size (2020-2027) 6.5. European Supply Chain Management Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Supply Chain Management Market (2020-2027) 7.1. Asia Pacific Supply Chain Management Market, by Component (2020-2027) 7.2. Asia Pacific Supply Chain Management Market, by Deployment Type (2020-2027) 7.3. Asia Pacific Supply Chain Management Market, by Organization Size (2020-2027) 7.4. Asia Pacific Supply Chain Management Market, by Verticals (2020-2027) 7.5. Asia Pacific Supply Chain Management Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Supply Chain Management Market (2020-2027) 8.1. Middle East and Africa Supply Chain Management Market, by Component (2020-2027) 8.2. Middle East and Africa Supply Chain Management Market, by Deployment Type (2020-2027) 8.3. Middle East and Africa Supply Chain Management Market, by Organization Size (2020-2027) 8.4. Middle East and Africa Supply Chain Management Market, by Verticals (2020-2027) 8.5. Middle East and Africa Supply Chain Management Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Supply Chain Management Market (2020-2027) 9.1. Latin America Supply Chain Management Market, by Component (2020-2027) 9.2. Latin America Supply Chain Management Market, by Deployment Type (2020-2027) 9.3. Latin America Supply Chain Management Market, by Organization Size (2020-2027) 9.4. Latin America Supply Chain Management Market, by Verticals (2020-2027) 9.5. Latin America Supply Chain Management Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. SAP SE 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Oracle Corporation 10.3. JDA Software Group, Inc. 10.4. Infor 10.5. Manhattan Associates 10.6. Epicor Software Corporation 10.7. The Descartes Systems Group Inc. 10.8. HighJump 10.9. Kinaxis Inc. 10.10. IBM Corporation 10.11. Top of Form 10.12. E2open, LLC 10.13. Descartes Systems Group 10.14. WiseTech Global 10.15. Jaggaer 10.16. Kewill Systems 10.17. DassaultSystemes 10.18. Vanguard Software 10.19. Amadeus 10.20. Coupa Software 10.21. Blue yonder 10.22. Verizon connect 10.23. BluJay Solutions 10.24. SPS Commerce Inc. 10.25. Zaragoza Logistics Center (ZLC) 10.26. Melcombe Partners 10.27. Ikanuki 10.28. ThoughtWire 10.29. Via and Voxme Software Inc. 10.30. Vendorful 10.31. Smart Software 10.32. Procure Xperts 10.33. OdooTec

About This Report

Report ID 93915
Category Information Technology & Telecommunication
Published Date April 2021
Updated Date Nov 2021
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