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The supply chain management (SCM) software market size is forecast to increase by USD 17.98 billion at a CAGR of 12.35% between 2023 and 2028. The market is witnessing significant growth due to the increasing computerization of corporate operations, particularly in areas such as work-in-progress and finished goods management. Supply chain transactions, supplier relationships, and warehousing are also being digitized through the implementation of SCM software. Industrial-grade digital technology, including demand management solutions and networking equipment, is enabling real-time material movement and digitalizing business models. Advanced planning procedures, such as analytical demand planning and integrated operations, are becoming essential for businesses seeking to gain a competitive edge. Real-time monitoring and supply chain visibility are also crucial for optimizing inventory levels and reducing lead times. However, the high initial cost and availability of open-source alternatives remain challenges for smaller businesses looking to adopt SCM software. In summary, the market is driven by the need for improved supply chain efficiency, increased visibility, and advanced planning capabilities, while the high cost and open-source alternatives present challenges for adoption.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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