According to IMARC Group’s latest report, titled “SaaS-based SCM Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,”. Looking forward, IMARC Group expects the global SaaS-based SCM market to continue its strong growth during the next five years.

Software-as-a-Service (SaaS)-based SCM (Supply Chain Management) is a software application used for on-premise and on-cloud management of supply chain processes. The software keeps the record of the inventory and automatically re-configures business processes with the changing requirements. It also helps in reducing capital expenses and operating costs, enhancing productivity, mitigating duplication, and standardizing processes. As a result, SaaS-based SCM is widely employed for sourcing and procurement, demand and operations planning, and management of inventory, warehouse, order and transportation.

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Market Trends

The rising digitization trends have led to the adoption of automated and pre-programmed machinery by several manufacturers to minimize overhead costs and production time. Furthermore, the increasing use of SaaS-based SCM tools for enabling constant monitoring and operational security across organizations is driving the market growth. Rapid integration of SaaS-based SCM with Internet-of-Things (IoT), coupled with the introduction of hybrid and pay-as-you-go models for public and private deployments is also driving the market growth. Additionally, the rising demand for AI-based solutions for enhanced traceability and visibility in supply chain management is further expected to drive the market for SaaS-based SCM.

SaaS-based SCM Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Blue Yonder Inc.
  • Descartes Systems Group Inc.
  • Epicor Software Corporation (KKR & Co. Inc.)
  • Highjump Software Inc. (Körber AG)
  • International Business Machines Corporation
  • Infor Inc. (Koch Industries, Inc.)
  • Kinaxis Inc.
  • Logility Inc. (American Software Inc.)
  • Manhattan Associates Inc.
  • Oracle Corporation
  • SAP SE.

The report has segmented the market on the basis of solution, deployment mode, end-user, application, vertical and region.

Breakup by Solution:

  • Software
  • Services

Breakup by Deployment Mode:

  • Public
  • Private
  • Hybrid

Breakup by End User:

  • Large Enterprises
  • Small and Medium Enterprises

Breakup by Application:

  • Transportation Management
  • Inventory and Warehouse Management
  • Sourcing and Procurement Management
  • Order Management
  • Demand and Operations Planning
  • Others

Breakup By Vertical:

  • Consumer Goods and Retail
  • Food and Beverages
  • Healthcare and Life Sciences
  • Manufacturing
  • Transportation and Logistics
  • Others

Explore full report with table of contents: https://www.imarcgroup.com/saas-based-scm-market

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Browse Related Report:

https://www.imarcgroup.com/database-as-a-service-market

https://www.imarcgroup.com/cloud-itsm-market

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