2012-12-12 03:59:15 - Global Supply Chain Management (SCM) Software Market in Retail Industry 2008-2012 - a new market research report on companiesandmarkets.com
Supply chain management software solutions are tools and processes that are developed to deliver effective supply chain by managing logistics, supplier-customer relationships, and quality of products. This management software provides end to end view of the supply chain process and accurate information that helps in making business decisions. Typically, integrated supply chain management software helps firms synchronize supply with demand by managing distribution, transportation and logistics, supply network visibility, collaboration, and analytics across the extended supply chain. Over the years, Supply Chain Management software solutions have evolved to provide information for seamless integration of strategic options and tactical operational planning.
For retail, supply chain management software provides solutions like shelf availability, inventory visibility, responsive logistics, well-run warehouses, integrated distribution channel planning,
integrated transportation, and route planning that cater to the needs across different functionalities of supply chain. Retailers are leveraging Supply chain management software for managing supply chain activities and gaining competitive advantage.
Radio Frequency Identification (RFID) tags are evolving as a major technology to track goods and assets in supply chain. SCM software is providing solutions to integrate RFID within retail supply chain. Leading global retailers are using RFID-enabled tags on pallets, cartons, and even individual items. Unlike bar code, RFID tags can be scanned from several meters and carry more information. RFID tags helps in smooth flow of goods across distribution channels.
The report by TechNavio Insights forecasts the size of the Global Supply Chain Management (SCM) Software market in retail industry for the years 2008-2012. It segments the supply chain management market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the supply chain management software market in the retail industry, and profiles some of the key vendors of this industry.
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