Supply Chain Management Software - Burundi

The projected revenue in the Supply Chain Management Software market in 2024 for Burundi is estimated to be US$370.40k.
It is expected that the revenue will experience an annual growth rate (CAGR 2024-2029) of 10.49%, resulting in a market volume of US$610.10k by 2029.
In terms of the average Spend per Employee in the Supply Chain Management Software market, it is projected to reach US$0.06 in 2024.
When compared to global figures, it is worth noting that United States will generate the highest revenue, amounting to US$10.90bn in 2024.
Despite its small size and limited resources, Burundi is embracing supply chain management software to improve efficiency and streamline operations in its growing manufacturing sector.

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 Burundi has been gradually growing over the past few years, driven by several factors such as increasing demand for automation, rising need for efficiency in supply chain operations, and the growing awareness of the benefits of supply chain management software among businesses in the country.

Customer preferences: Burundian businesses are increasingly adopting supply chain management software to streamline their operations and improve their efficiency. The software allows them to automate various processes such as inventory management, order processing, and tracking, which helps them save time and reduce errors. Additionally, the software provides real-time visibility into the supply chain, enabling businesses to make informed decisions and respond quickly to changes.

Trends in the market: The supply chain management software market in Burundi is expected to continue growing in the coming years, driven by the increasing adoption of technology by businesses in the country. Cloud-based solutions are becoming increasingly popular among businesses due to their flexibility and affordability. Additionally, the market is witnessing a shift towards integrated supply chain management software solutions that offer end-to-end visibility and control over the entire supply chain.

Local special circumstances: Burundi is a small, landlocked country in East Africa with a developing economy. The country has a predominantly agricultural economy, with coffee being the main export crop. However, the country has been facing several challenges such as political instability, poor infrastructure, and limited access to financing, which have hindered its economic growth.

Underlying macroeconomic factors: The Burundian government has been implementing various policies to promote economic growth and attract foreign investment. The government has been investing in infrastructure development, such as road and energy projects, to improve the country's connectivity and reduce the cost of doing business. Additionally, the government has been focusing on improving the business environment by reducing bureaucracy and improving access to financing. These initiatives are expected to create opportunities for businesses in the country, including those in the supply chain management software market.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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