The rising adoption of cloud supply chain management across SMEs and other major driving factors is expected to favour the rise in the global supply chain management market
Reports and Insights has published a new report titled, “Supply Chain Management Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Supply Chain Management Market, By Component (Hardware, Software, Services), By Deployment Mode (On-premises, Cloud), By Organization Size (SMEs, Large enterprises), By Verticals (FMCG, Retail and eCommerce, Healthcare, Manufacturing, Automotive, Transportation and Logistics, Others (Construction, Oil and Gas, Aerospace and Defense, and Agriculture)) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global supply chain management market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
Supply chain management can be perceived as the management and regulation of the complete manufacturing cycle of a commodity or service — beginning from the raw constituents all the way to providing the end product to the consumer. An organization fabricates a system of suppliers that proceed the product along from the providers of raw materials to those organizations that deal straightaway with end-consumers. An effe supply chain management system minimizes cost, waste and time in the production cycle.
Reports and Insights Study identifies some of the key participating players in the supply chain management market globally are SAP SE, Oracle, The Descartes Systems Group, Infor, IBM, Manhattan Associates, and Logility Inc. among others.
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