Coordination and integration of the supply chain flows within and across companies and is becoming critical to effective supply chain management. Hence, the coordination applications are expected to bring in new investments in the near future.
The market for supply chain coordination expects to play a key role in the near future as the event management and performance management applications emerge as the competitive tools in managing the highly complex supply chains by reducing the lead time and cost.
New analysis from Frost & Sullivan World Supply Chain Management: Investment Analysis and Growth Opportunities finds that the supply chain market earned revenues of $5.06 billion in 2004 and estimates this to reach $8.67 billion in 2009.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the World Supply Chain Management: Investment Analysis and Growth Opportunities, then send an e-mail to Tori Foster, Corporate Communications, at tori.foster[.]frost.com with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.
“Companies realized the need for proactive approach towards their customers and suppliers and started fine-tuning their supply chain systems. This calls for investments in coordination applications,” says Frost & Sullivan Business & Financial Services Analyst Raja Srinivasan.
Moreover, the competition in this space is intensifying after the entry of many niche firms and ERP companies into the market. Since SCM is becoming a natural extension of ERP, the ERP players are posing a serious threat to the pure-play SCM software providers as they have minimal integration issues and wider product coverage.
“Market participants have to offer end-to-end solutions covering a variety of applications in order to minimize the integration issues and thereby fulfilling the customer needs,” says Raja. “Also, there should be an eye on customization, as the customers are demanding cost-effective solutions.”
World Supply Chain Management Market: Investment Analysis and Growth Opportunities is part of the Software FBA subscription, which also includes research in the following markets: World Communication Software Industry – Investment Analysis and Growth Opportunities, World Digital Asset Management Market – Investment Analysis and Growth Opportunities and World Web Collaboration Market – Investment Analysis and Growth Opportunities. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.
Frost & Sullivan's Business and Financial Services group serves clients around the world in all aspects of financial analysis, market research and monitoring, due diligence, idea generation, opportunity analysis, investment valuation and other proprietary research.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
World Supply Chain Management Market: Investment Analysis and Growth Opportunities