Supply Chain Management Market Steady: AMR Research
AMR Research recently announced that it has observed an over all growth in the supply chain management (SCM) applications market in 2005. This slight growth of 3% is significant in the current market scenario. The market seems to be greatly effected by various factors such as globalization, leaner supply networks, increasing customer expectations, higher mass customization, and increased demand variability.
Mark Hillman, a senior research analyst at AMR Research stated that more and more companies are spending increased amounts on implementing supply chain initiatives. Vendors are innovating more under pressure from companies that want specific and very versatile solutions. However he noted that adoption of this technology is still relatively low. This is so because the market still has to see corporates maturing up to the concept and adopting the technology in big way. The top 5 vendors according to the report are – SAP, Oracle, i2 Technologies, Manhattan Associates and Infor. Yahoo reports:
Supply chains are becoming increasingly global, complex, and interdependent — forcing companies to extend planning beyond the four walls. Largely due to this trend, the top SCM application growth area for 2005 was the inventory configuration and policy technology category, which posted a healthy license growth rate of 35%.
Subscribe to the comments for this post
You must be logged in to post a comment.