Supply Chain Management Software - CIS

In 2024, the projected revenue in the Supply Chain Management Software market is expected to reach US$164.80m.
This market segment is projected to show an annual growth rate (CAGR 2024-2029) of 3.58%, resulting in a market volume of US$196.60m by 2029.
Additionally, the average Spend per Employee in the Supply Chain Management Software market is projected to reach US$1.42 in 2024.
When compared globally, United States is expected to generate the highest revenue in the Supply Chain Management Software market, with US$10.90bn in 2024.
It is worth noting that these projections and figures are specific to the global market, and may vary in the CIS region.
The demand for supply chain management software in CIS is rapidly increasing due to the region's complex logistics network and the need for efficient inventory management.

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 CIS has been experiencing significant growth in recent years due to various factors.

Customer preferences: Customers in the CIS region have been increasingly adopting technology in various aspects of their operations. This has led to a growing demand for Supply Chain Management Software, which enables businesses to optimize their supply chain processes and improve efficiency. Additionally, customers in the region have been prioritizing cost reduction and operational efficiency, which has further fueled the adoption of Supply Chain Management Software.

Trends in the market: One of the key trends in the Supply Chain Management Software market in CIS is the increasing adoption of cloud-based solutions. This trend is driven by the benefits of cloud-based solutions such as cost savings, scalability, and flexibility. Another trend in the market is the integration of artificial intelligence and machine learning capabilities into Supply Chain Management Software. These capabilities enable businesses to improve forecasting accuracy, optimize inventory levels, and automate various processes.

Local special circumstances: The CIS region is characterized by a diverse range of economies and business environments. This has led to different levels of adoption of Supply Chain Management Software across the region. For instance, countries such as Russia and Kazakhstan have a more developed market for Supply Chain Management Software compared to other countries in the region. Additionally, the region is characterized by a large number of small and medium-sized enterprises, which have been increasingly adopting Supply Chain Management Software to improve their operations.

Underlying macroeconomic factors: The growth of the Supply Chain Management Software market in CIS is also influenced by underlying macroeconomic factors such as GDP growth, trade volumes, and government policies. For instance, the recent economic sanctions imposed on Russia have led to a shift towards domestic production and increased demand for Supply Chain Management Software to improve efficiency and reduce costs. Additionally, the growing importance of e-commerce and cross-border trade in the region has created opportunities for Supply Chain Management Software providers to offer solutions that enable businesses to manage their supply chains more effectively.

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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