2021 Supply Chain Management Software Market Size, Growth, Drivers, Trends
Posted by ramtbrc on May 18th, 2021
The Supply Chain Management Software Global Market Report 2020-30 by The Business Research Company describes and explains the global supply chain management software market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Supply Chain Management Software Global Market Opportunities And Strategies Report covers supply chain management software market drivers, supply chain management software market trends, supply chain management software market segments, supply chain management software market growth rate, supply chain management software market major players, and supply chain management software market size.
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The supply chain management software market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Supply Chain Management Software Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Using Blockchain In Supply Chain Management –
The latest trend in the supply chain management software market is the use of blockchain technology. Blockchain is a distributed database that holds records of digital data or events in a way that makes them tamper-resistant. Considering the amount of data that is generated in the supply chain, blockchain is more transparent, secure and reliable. Some supply chains are already using the technology, and experts suggest blockchain could become a universal supply chain operating system very soon. There are a few supply chain management blockchains for various uses, some of which are: Waltonchain (Clothing Supply Chain), Ambrosus (Food & Medicine Supply Chain), Modum (Pharma Supply Chain) etc. Also, the world`s largest mining firm by market value, BHP Billiton, intends to begin using the Ethereum blockchain to improve its supply chain processes.
Digital Supply Chain Twin (DSCT) –
One of the trends in the supply chain management software market has been the implementation of the digital supply chain twin (DSCT). A DSCT is a digital copy of the physical supply chain, which uses the most relevant data. The DSCT is useful for making local and end-to-end decision making. DSCT can play a role in short-term planning and execution, sales and operations planning, and long-term planning. Some of the companies that use the DSCT technology include Datumix, Cognition Factory, SenSat and Logivations. Datumix uses this technology in its warehouse and inventory handling to monitor the performance of machinery and other equipment. SenSat uses cloud-based digital twin solutions to simulate real-world conditions in real-time. Logivations uses AI-based Web-to-Modeling & Optimization (W2MO) software to accurately create the digital twin of a logistics network.
The market report is segmented:
By Product -
a) Transportation Management System
b) Warehouse Management System
c) Supply Chain Planning And Procurement Software
By Industry Vertical -
a) Consumer Goods
b) Healthcare & Pharmaceuticals
c) Food & Beverages
d) Transportation & Logistics
By Type Of User -
a) Small & Medium-Sized Enterprises (SMES)
b) Large Enterprises
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Joined: July 1st, 2020
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