target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Share - Doc Document number: # US49846522
Worldwide Supply Chain Warehouse and Inventory Management Applications Market Shares, 2022: Inventory Reimagined
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Abstract
This IDC study provides the worldwide market shares for supply chain warehouse and inventory management applications. This market grew nicely in 2021, paced by accelerating investment in public cloud deployments. Growth in the supply chain planning applications market continues to be driven by the historical need for omni-channel "buy anywhere, fulfill anywhere" processes, but it is also being driven by the need for digital competencies to allow the supply chain to pivot to new business models and seize on new opportunities.
"The importance of the supply chain in an inherently disruptive world is critical for businesses to meet their performance targets. Without the use of modern supply chain warehouse and inventory management tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain warehouse and inventory management investments are both a competitive necessity and key to driving a differentiating edge over peers," says Rod Gaines, program director, Global Supply Chain Warehouse and Inventory at IDC.