Albany, NY -- (SBWIRE) -- 10/19/2015 -- SaaS-based SCM is a software installed in the cloud that facilitates the activities of an entire supply chain. This software provides accurate information and an end-to-end view of the supply chain process. The low installation cost of SaaS-based solutions enables enterprise software vendors to reach a large audience. This is true particularly for SMEs that generally have limited budgets for IT expenditure but a greater need for technologies to improve management efficiency and controls. SaaS-based solutions offer many advantages to vendors in developing countries, such as China and India.
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The global SaaS-based SCM market to grow at a CAGR of 15.13% over the period 2014-2019. The report also presents the vendor landscape and a corresponding detailed analysis of the four leading vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
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Key vendors:-
Descartes Systems
Infor
JDA Software
SAP
Market driver:
Improved traceability and visibility
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Market challenge:
Supply chain network complexity
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Market trend:
Growing adoption of TMS
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