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Global Supply Chain Analytics Market to Grow at a CAGR of 13.68% by 2021: Key Vendors are IBM, Oracle & SAPDUBLIN, August 1, 2017 /PRNewswire/ -- The "Global Supply Chain Analytics Market 2017-2021" report has been added to Research and Markets' offering. The global supply chain analytics market to grow at a CAGR of 13.68% during the period 2017-2021. The report, Global Supply Chain Analytics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend in the market is the emergence of procurement analytics. Analytics is one of the emerging trends in the peer-to-peer (P2P) outsourcing market. Analytical solutions use statistical modeling tools and a methodology for an in-depth analysis of the procurement supply chain process. Advanced analytical tools, such as predictive analytics, provide insights connected to the procurement process by clustering numerous factors expected in the supply chain management systems. Further, the report states that one challenge in the market is increased complexity of the supply chain network. As mentioned above, supply chains have become complex over the last few years as many suppliers expanded their business to various industries across the world. Due to this, the global supply chain analytics market is very competitive. Furthermore, supply chain management consists of handling the inventory transactions and feeding data in the analytics solutions. Both these processes need to correlate to ensure that all transactions are done and verified both in the system data as well as on the shop floor. Key vendors
Other prominent vendors
Key Topics Covered: Part 08: Geographical segmentation Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-supply-chain-analytics-market-to-grow-at-a-cagr-of-1368-by-2021-key-vendors-are-ibm-oracle--sap-300497233.html SOURCE Research and Markets |