SCM

The Council of Supply Chain Management Professionals (CSCMP) has released its 36th annual State of Logistics (SoL) report. This influential report indicates that businesses continue to navigate through a fog of supply chain and economic uncertainty.

While it was once thought that a WMS, TMS, or inventory management system created as part of an ERP developer’s broader software package was simply “good enough” for certain shippers, these applications have since become more feature-rich and able to meet the needs of a larger swath of shippers.

As the days of slow, invisible supply chains that “worked behind the scenes” continue to fade in the rearview mirror, companies are improving their demand forecasting, gaining real-time visibility across their networks and streamlining their operations—and its software that makes that all possible.

Interest in supply chain management (SCM) software accelerates as more companies replace their legacy systems and look for new ways to offset ongoing supply chain challenges.

Supply chain management software has become the solution of choice for companies as they ride out the ongoing pandemic and plan for the future.

With 58% of shippers committed to their enterprise resource planning (ERP) vendors, the key players are casting an even bigger shadow on the supply chain management space.

As Cloud computing morphs into a $216 billion market over the next four years, an increasing number of supply chain management applications—and their users—are making the move from enterprise based software to Cloud-centric platforms.

2011 marks the second year of double-digit growth for the SCM software market as supply chain investments kept their priority status and moved forward, despite caution from IT budget decision makers.