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Research and Markets: Global SCM BPO Market Outlook 2018 with Accenture, Cap, Gemini, Genpact, IBM, TCS & Wipro DominatingDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/tbmp6l/global_scm_bpo) has announced the addition of the "Global SCM BPO Market 2014-2018" report to their offering. Supply Chain Management (SCM) BPO is a segment of outsourcing, which consists of subcontracting the SCM business processes of an organization to a third-party vendor that has expertise in the domain. It is an effective strategy of delegating one or more business activities to external companies (vendors), which, in turn, administer and manage the selected activity, based on defined and measurable performance criteria. It helps clients to increase their operational efficiency, concentrate on their core competencies, reduce time-to-market, obtain access to fresh talent and experience along with latest technologies, and build an organization with economical cost structure in the long run. The emergence of cloud-based outsourcing is a rising trend in the market. Several clients of the above-mentioned vendors adopt this echnology to get instant access to applications without having to wait for the installation of internet connectivity. According to the report, the cost-effectiveness of outsourcing certain capital and labor-intensive operations is one of the major factors driving the market growth. Firms are increasingly outsourcing SCM functions that require more infrastructure, capital investment, and human resources. Outsourcing these functions enables firms to improve the efficiency of operations and cut costs as a consequence of labor arbitrage. Further, the report states that data security is one of the most important challenges faced by the market. The confidential nature of data handled by SCM BPOs makes it a risky affair, and extra measures need to be taken to ensure data confidentiality. The Global SCM BPO market can be segmented into four on the basis of end-user segments:
Key Vendors Key Topics Covered:
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