target audience: TECH BUYER Publication date: Sep 2022 - Document type: IDC MarketScape - Doc Document number: # US49568517
IDC MarketScape: Worldwide Supply Chain Inventory Optimization 2022 Vendor Assessment
This IDC study uses the IDC MarketScape model to provide an assessment of a number of providers participating in the worldwide supply chain inventory optimization market. The IDC MarketScape is an evaluation based on a comprehensive framework and a set of parameters that assesses providers relative to one another and to those factors expected to be most conducive to success in a given market during both the short term and the long term.
"Supply chain planning has become both central and critical to the success of the resilient supply chain, and inventory optimization specifically is a key component of supply chain planning overall. Growing complexity in the supply chain has made inventory optimization and planning more challenging, both as a consequence of often larger demand forecast error and as a lack of full visibility into supply issues and constraints. IDC would view a competent inventory optimization application as important to the success of the broader supply chain," says Simon Ellis, program VP, Manufacturing Insights and Worldwide Supply Chain Strategies.