ARC Advisory Group has been closely watching the Supply Chain Planning (SCP) market. In recent years there has been significant progress in adopting Software-as-a-Service (SaaS) for selling supply chain planning. This model provides customers with faster time-to-value while offering vendors a more predictable revenue stream. The key solutions in supply chain planning are demand forecasting/inventory optimization, supply planning, and network design. SCP solutions can increase revenues while keeping costs in check by allowing companies to be more responsive to customer demand without carrying large amounts of inventory. Furthermore, customer segmentation strategies can help ensure that the most important customers get a service level that reflects their importance. Companies that have used supply chain planning to increase their agility often gain market share. The supply chain planning software market grew at a double-digit rate over the last several years, even during the pandemic. It is unusual for a mature, multibillion-dollar market to experience such rapid growth. Unlike in most enterprise software markets, this growth continued throughout the pandemic and its immediate aftermath. The pandemic highlighted the need for companies to be agile and resilient.
"An increasing number of companies are recognizing that digital transformation is essential for maintaining competitiveness in the market. When it comes to digitally transforming the end-to-end supply chain, few solutions are as critical as SCP. Businesses aim to be customer-focused while simultaneously reducing costs, and SCP offers an ideal solution to achieve these goals. The newest generation of supply chain planning is significantly more advanced than older generations in terms of improved forecasting based on demand sensing and other external data sets, concurrent planning, the ability of the platforms to keep the master data and key parameters up to date, and the breadth and depth of the models. Better supply chain planning means better ROI," according to Steve Banker, Vice President of Supply Chain and key author of ARC's Supply Chain Planning Market Research.
Supply Chain Planning Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- SaaS
- Resilience
- Public Cloud Solutions
- Graph Databases
- ESG
Leading Suppliers to the Supply Chain Planning Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Blue Yonder, Kinaxis Software, o9 Solutions, Oracle, SAP.
About the Supply Chain Planning Research
The Supply Chain Planning research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The segmentation includes Industry, World Region, Service Revenues by Type, Revenue Category, Type, Customer Tier.
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