Supply Chain Management Software Market to Witness Growth Acceleration during 2018-2025 - SAP, Oracle, JDA Software

Supply chain management (SCM) software facilitates the activities of the entire supply chain. SCM software is used in supply chain transactions and helps to manage supplier relationships and business processes. In addition, it provides accurate information and an end to end view of supply chain processes. It integrates the organization and supply chain together into a single system and helps end-users oversee areas such as warehousing, purchasing, marketing, sales, shipping, and others, which help enterprises to make efficient business decisions.

Major Key Players of the Supply Chain Management Software Market are:
SAP, Oracle Corporation, JDA Software Group, Infor, Manhattan Associates, Epicor Software Corporation, The Descartes Systems Group Inc., HighJump, Kinaxis Inc., and IBM Corporation.

The growth of the global SCM software market is driven by advancements in industrial-grade digital technology, an increase in inclination towards cloud-based supply chain management software, and rise in need for improved supply chain visibility. However, lack of IT infrastructure in the underdeveloped nations and an increase in security & privacy concerns are expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software and growth in trend Internet of Things (IoT) are expected to present major opportunities for market expansion in the near future.

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