Key regions: Netherlands, Germany, Australia, Canada, France
The demand for Supply Chain Management Software (SCMS) in Zambia has been on the rise in recent years, as more businesses are adopting technology to streamline their operations and improve efficiency.
Customer preferences: Zambian businesses are increasingly looking for SCMS solutions that can provide end-to-end visibility of their supply chain, from procurement to delivery. They are also looking for software that can help them optimize their inventory levels, reduce lead times, and improve their order fulfillment rates. Additionally, there is a growing demand for cloud-based SCMS solutions that can be accessed from anywhere, at any time.
Trends in the market: One of the key trends in the Zambian SCMS market is the adoption of mobile technology. With the increasing use of smartphones and tablets, businesses are looking for SCMS solutions that can be accessed from mobile devices. This trend is being driven by the need for real-time data and the ability to make quick decisions on the go.Another trend in the market is the integration of SCMS with other business systems, such as Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems. This integration allows businesses to have a complete view of their operations and make data-driven decisions.
Local special circumstances: Zambia is a landlocked country, which means that businesses have to rely on neighboring countries for imports and exports. This makes supply chain management a critical aspect of doing business in Zambia. Additionally, the country has a large informal sector, which presents unique challenges for businesses trying to manage their supply chain.
Underlying macroeconomic factors: Zambia has been experiencing economic growth in recent years, driven by the mining and agriculture sectors. This growth has led to an increase in demand for goods and services, which has put pressure on supply chains. Additionally, the government has been implementing policies to improve the business environment, which has attracted foreign investment and increased competition in the market. These factors have contributed to the growth of the SCMS market in Zambia.
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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