Global Smart and Mobile Supply Chain Solutions Market Insights
United States/WA: The global smart and mobile supply chain solutions market is estimated to account for US$ 51,123.3 Bn in terms of value by the end of 2027.
Report Pages:[135 Pages]
The Competitive Area of the Smart and Mobile Supply Chain Solutions Market is Defined by Key Players Like:- SAP SE, Kewill Systems plc, Oracle Corporation, GT Nexus Inc., JDA Software Group, Inc., Infor Global Solutions, Inc., Manhattan Associates, Inc., Descartes Systems Group, Inc., Epicor Software Corporation, and IBM Corporation.
Smart and Mobile Supply Chain Solutions have emerged as an effective tool in supply chain market. Smart supply chain helps in delivering a product to the end-users quickly and efficiently. Smart and mobile supply chain solutions include improving the supply chain process by streamlining the process of production through increased efficiencies and cost savings in the production process. Smart and mobile supply chain solutions also involve improving customer service by using the latest technology to increase customer satisfaction. This can involve new processes in order to take such as using online and customer support services to give customers a convenient and hassle-free service.
The growing demand for automation across various manufacturing industries is driving the market growth of smart and mobile supply chain solutions. Robust growth in the e-commerce industry is also uplifting the market growth of the smart and mobile supply chain solutions. Moreover, growing export and imports around the globe is further anticipated to augment market growth. Furthermore, a growing number of warehouse facilities across developing regions is again projected to upsurge the market growth. For instance, in October 2020, Arvato Supply Chain Solutions has expanded its network in China with the establishment of two new locations in Shanghai and Guangzhou. The supply chain and e-commerce service provider now have a total of six distribution centers with almost 40,000 square meters of storage space in China.
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North America is expected to gain significant growth over the forecast period and this is attributed to the rapid adoption of automation across various manufacturing sectors coupled with the increasing e-commerce activities in the region. According to the U.S. Department of Commerce quarterly e-commerce figures, consumers spent $601.75 billion online with U.S. merchants in 2019, up 14.9% from $523.64 billion the prior year.
Key Developments:
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In April 2020, Transport and logistics giant UPS has entered into a partnership with supply chain solutions provider Softeon to launch a warehouse execution system (WES) for making distribution centers smarter and more efficient.
- In January 2020, Unilever and JD Logistics have signed a Memorandum of Understanding (MoU) to drive sustainable business initiatives in the supply chain. JD Logistics that provides smart, digital supply chain and logistics services
- In October 2020, AVEVA, announced the launch of the latest AVEVA
Unified Supply Chain platform, real-time crude, to gain visibility into their business and operations. -
In April 2020, UPS Supply Chain Solutions announced the launch of smart warehouse network technology designed to make distribution centers more efficient. The new Warehouse Execution System (WES) allows faster order intake and fulfillment to ensure that customers, especially those with fluctuating order patterns, receive their products on time.
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