Supply Chain Management Software - Argentina

In 2024, the projected revenue in the Supply Chain Management Software market is expected to reach a staggering US$25.70m.
This market segment is expected to show a steady growth rate of 2.26% annually from 2024 to 2029, resulting in a market volume of US$28.75m by the end of the period.
Furthermore, it is estimated that the average Spend per Employee in the Supply Chain Management Software market will reach US$1.18 in 2024.
When considering the global scenario, it is worth noting that United States is set to generate the highest revenue in this market segment, with a projected amount of US$10.90bn in 2024.
Now, turning our attention to in Argentina, this country also plays a significant role in the Supply Chain Management Software market.
Argentina's increasing focus on improving logistics and streamlining supply chain operations has led to a rising demand for sophisticated Supply Chain Management Software in the country.

Definition:

The Supply Chain Management Software market covers software applications that support organizations in managing their supply chain activities by providing them with tools to optimize their inventory, manage their suppliers and vendors, and improve their logistics operations. This can help organizations reduce costs, improve customer service, and increase competitiveness.

Products in the Supply Chain Management Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Supply Chain Management Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).

Key players in this market include SAP, Oracle, Blue Yonder, and Infor.

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Logistics applications, such as NetSuite, Fishbowl, and Brightpearl
Inventory management, such as Zoho Inventory, InventoryCloud, and Ordoro
Production planning, such as Visual Planning, Odoo, and MRPeasy

Analytics software, such as MicroStrategy, Qlik Sense, and Looker
Procurement software, such as SAP Ariba, Kissflow, and Procurify
Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft

The Supply Chain Management Software market in Argentina has been steadily growing in recent years, driven by the increasing demand for efficient and effective supply chain management solutions in the country.

Customer preferences: Argentinian businesses are increasingly looking for supply chain management software solutions that can help them streamline their operations, reduce costs, and improve their overall efficiency. As a result, there is a growing demand for software that can provide real-time visibility into supply chain processes, automate routine tasks, and provide analytics and insights to help businesses make better decisions.

Trends in the market: One of the key trends in the Argentinian supply chain management software market is the growing adoption of cloud-based solutions. Cloud-based software offers several advantages over traditional on-premise solutions, including lower upfront costs, greater scalability, and easier access to data and analytics. As a result, many businesses in Argentina are now turning to cloud-based supply chain management software to help them manage their operations more effectively.Another important trend in the market is the increasing use of artificial intelligence (AI) and machine learning (ML) technologies. These technologies can help businesses automate routine tasks, predict demand, optimize inventory levels, and identify potential supply chain disruptions before they occur. As a result, many supply chain management software vendors in Argentina are now incorporating AI and ML capabilities into their solutions to help businesses improve their efficiency and reduce costs.

Local special circumstances: One of the unique challenges facing businesses in Argentina is the country's complex regulatory environment. Businesses operating in Argentina must comply with a wide range of regulations related to taxes, customs, labor, and environmental issues, among others. As a result, many Argentinian businesses are looking for supply chain management software solutions that can help them navigate this complex regulatory landscape more effectively.

Underlying macroeconomic factors: The growth of the supply chain management software market in Argentina is also being driven by several underlying macroeconomic factors. These include the country's growing economy, increasing globalization, and the rise of e-commerce. As more businesses in Argentina look to expand their operations and compete on a global scale, the need for efficient and effective supply chain management solutions will only continue to grow. Additionally, the rise of e-commerce has created new challenges for businesses in Argentina, as they must now manage increasingly complex supply chains that involve multiple channels and partners. Supply chain management software can help businesses navigate these challenges more effectively and improve their overall competitiveness.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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