Global Supply Chain Analytics Market Analysis, Growth, Trends and Forecast by 2023

Supply chain analytics (SCA) is the method to facilitate the execution of services and products from supplier to customer. Components of supply chain systems incorporate people, information, organizations, resources and activities to transform raw materials into optimized finished goods. The supply chain conventionally follows the hierarchy that is manufactures, suppliers, retailers, wholesalers and customers. Comprehensive SCA has become a necessity for every organization in order to have visibility and be able to efficiently penetrate into the market. SCA have become an important part of every organization whether big or small to manage processes related to product re-engineering, development of new products, re-sourcing and low cost country sourcing (LCCS). SCA provide organizations with insights as to how distinct functional areas are contributing in achieving corporate goals. Key benefits of SCA include release of cash by reducing inventory, enhance forecast accuracy, optimize service levels, support network reconfiguration, minimize material wastage all this to speed up time-to-market for services and products. SCA offerings are spread across industries like electronics and high tech, defense, automotive, manufacturing, aerospace, life sciences, healthcare, consumer packaged goods (CPG) and retail among others.

Browse the full Report at:http://www.transparencymarketresearch.com/supply-chain-analytics-market.html

Huge amount of data is being generated and processed each day. Expertise of SCA is required to handle such large amounts of data and convert it into a valuable asset. Thus, increasing business data and need of effective database management tools across varied industrial verticals worldwide have fueled the growth of SCA market. Additionally, awareness of SCA benefits wherein forecasting accuracy being the major one have intensified the growth of SCA market.

SCA market can be segmented based on solution it provides, service type, deployment type and geography. Depending on the solutions the market is classified into procurement and planning of supply chain, manufacturing analytics, logistics and transportation analytics, reporting and visualization tools, and operating and sales planning. Based on services it offers it can be segmented into maintenance, support and professional services. In terms of deployment, SCA market cab be bifurcated into on-premises and hosted (cloud based). Regions like Asia Pacific and Middle East are predicted to experience strongest growth within the SCA market pertaining to the emerging manufacturing and other industries in these regions.

Factors such as lack of data visibility in real-time in the international business, no particular way to streamline processes within planning and execution, no flexibility within the network and imbalance in product line are all hampering the growth of supply chain analytics market. However, companies are coming up with innovative services, solutions and cloud based applications to bring the necessary flow required in the supply chain processes. One of the market players Sage Clarity launched a host of applications to cater to real-time management of inventory in progression with its success of supply chain solutions in the food and beverages industry. The new applications enables the employees to gain meaningful insights not just in regards to inventory but also cost management, customer deliveries, profitability and other aspects involved in supply chain management.

Some of the key players of supply chain analytics market include Birst, Inc., Genpact Ltd., Capgemini S.A., IBM Corporation, Microstrategy, Kinaxis Inc., SAP SE, Oracle Corporation, Sage Clarity LLC and SAS Institute, Inc. among others.

Get Free Sample Report:http://www.transparencymarketresearch.com/sample/sample.php?flag=b&rep_id=4298

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Rest of the World

This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr. Nachiket Ghumare

90 State Street Suite 700

Albany NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com