The cloud technology has been around for almost 20 years now but, supply chain professionals are still reluctant to adopt cloud and migrate their systems. Though the industry is in initial stages, cloud computing will help supply chain managers to closely track a product throughout its lifecycle. Cloud-based SCM will significantly cut down the product cost as it will locate the shipment during any stage of the transportation. With the changing supply chain environment, cloud computing will become an advantageous process, gaining more market traction over the traditional systems. While the traditional SCM is more transactional, the cloud approach offers a 360-degree control and real-time monitoring. Cloud based Supply Chain Management (SCM) offers scalability, reliability, cost-effective, integrated design, and immediacy over localized SCM model.
According to Infoholic Research, it is estimated that the “Cloud Supply Chain Management Software Market” will witness a CAGR of XX% during the forecast period 2017–2023. The increased benefits of cloud model in SCM, awareness about SCM globally, and reduced operational cost are some of the major drivers of the market. In addition, the cloud-based model helps supply chain managers to make quick decisions and communicate effectively. The increase in the need for the organizations to keep track of the product at each level of production is fuelling the market growth across all the verticals. The Cloud Supply Chain Management Software Market will be segmented based on solutions, services, verticals, and regions. Some of the leading Cloud Supply Chain Management Software companies included in the report are SAP, Oracle, Epicor, Manhattan Associates, Descartes Group, and IBM.
The study covers and analyzes the “Cloud Supply Chain Management Software” market size and future trends. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalist in understanding the companies better and take informed decisions.
Request for TOC at firstname.lastname@example.org
Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
Data Collation (Secondary & Primary)
In-house Estimation (Based on proprietary data bases and Models)
Market related information is congregated from both secondary and primary sources. Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
Primary sources involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.