Driven by the emerging need for technology-powered business solutions, the Indian supply chain industry will witness a huge investment for innovative solutions. The solutions encompass predictive inventory management, self-driving warehouse robots, and distribution network planning. Inventory software is one such technology that is helping the online and off-line business owners to make wise decisions regarding multi-channel selling, managing multi-channel inventory, orders processing across various marketplaces, track payments and returns, order level accounting and warehouse management.
The market for inventory management software is driven by low operational cost, easy inventory tracking and efficient order management. In 2018, Indian SMEs will fuel the growth for inventory software market as it offers enhanced profitability, predictive inventory planning and others. Also, large companies are focusing on adopting software related to supply chains, as the software saves operational costs and help in managing warehouses.
According to Infoholic Research, the “India Inventory Management Software” market is expected to grow at a CAGR of XX% during the forecast period 2017–2023.
The report provides details about the Indian inventory management software market. The vertical segments cover manufacturing, healthcare, public sector & utilities, retail and others. The report also contains an in-depth analysis of vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The companies included in the report are Zoho Inventory, Syspro, SAP, Oracle NetSuite OneWorld and others.
The study offers a comprehensive analysis of the “India Inventory Management Software” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for the players in this domain 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.