target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Forecast - Doc Document number: # US49850122
Worldwide Supply Chain Planning Applications Forecast, 2022-2026
This IDC study discusses the forecast for the worldwide supply chain planning applications market. Off a rebound 2021, this market is expected to see good growth through 2026 as organizations look to better optimize their supply chain operations in the short term while ensuring they are resilient to market disruptions in the longer term. Clearly, the specter of recession hangs over these markets, but as of now, IDC does not see signals to temper the forecast, though that may change as we move materially into 2023. Indeed, IDC surveys suggest that, while supply chain executives are mindful of operational efficiency in the short term, they recognize the importance of the supply chain as an enabler of new business models. Growth in the supply chain planning applications market will be driven by both this short-term and long-term focus.
"In today's disruptive environment, supply chain planning is critical for businesses to meet their performance targets. Without the use of modern planning tools, supply chains simply cannot compete at the levels necessary for competitive differentiation. Supply chain planning investments are both a competitive necessity and key to driving a differentiating edge over peers," says Eric Thompson, director, Worldwide Supply Chain Planning and Multi-Enterprise Networks at IDC.