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TECH SUPPLIER Jun 2019 - Market Share - Doc # US45183119

Worldwide Supply Chain Management Applications Market Shares, 2018: Organizations Demand Robust Supply Operations to Satisfy Digital Commerce Fulfillment Expectations

By: Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications, Simon EllisProgram Vice President, Victoria Brown, Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Kevin PermenterResearch Manager, Enterprise Applications

Abstract

This IDC study provides the worldwide market shares for supply chain management applications. This market grew at a strong pace in 2018 as the market begins to move to see traction pick up for public cloud deployments. Growth in the supply chain management applications market was driven by the need for omni-channel "buy anywhere, fulfill anywhere" processes, as well as pressure to measure and move goods more efficiently to mitigate bullwhips, and create more accurate track and trace capabilities.

"The importance of the supply chain to business success in the modern, digital economy means transitioning from a functional area that has traditionally been viewed as a "cost center" to one that must be leveraged as an "opportunity center." The use of modern supply chain management tools is critical for companies to make this shift and acts as both an investment in competitive necessity and a differentiating edge over peers," says Simon Ellis, program VP, Global Supply Chain Strategies.


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