Worldwide Supply Chain Management Applications Market Shares, 2019: The Old Normal
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This IDC study provides the worldwide market shares for supply chain management applications. This market grew at a strong pace in 2019 as the market began 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.' Without the use of modern supply chain management tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. SCM investments are both a competitive necessity and key to driving a differentiating edge over peers," says Simon Ellis, program VP, Global Supply Chain Strategies.