Cloud Supply Chain Management Market Strategies and Forecast by 2031

The cloud supply chain management market is expected to register a CAGR of 12.2% during 2023–2031. Increased focus on the speed of new product introduction (NPI) is likely to remain a key trend in the market.

Cloud Supply Chain Management Market Analysis

• The cloud supply chain management market includes growth prospects owing to the current market trends and their foreseeable impact during the forecast period.
• The cloud supply chain management market is growing owing to factors such as the huge growth of the logistics sector, growing awareness about the benefits of cloud supply chain management solutions, and the increasing need for optimizing costs.
• AI-enabled no-touch / low-touch planning to provide lucrative opportunities for the cloud supply chain management market.

Cloud Supply Chain Management Market Overview

• Cloud supply chain management refers to the systems, procedures, and tools that enable individuals to supervise the flow of commodities by using cloud computing services instead of on-site hardware.
• This makes it possible for them to enter and access the data from any location and offers redundancy through cloud backups, ensuring that supply chain data is constantly current, accessible, and protected from loss, damage, or theft.

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Cloud Supply Chain Management Market: Strategic Insights

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Cloud Supply Chain Management Market Drivers and Opportunities

Growing Awareness About The Benefits Of Cloud Supply Chain Management Solutions to Favor Market

• Cloud technology continues to spur efficiency and innovation in supply chain management with cloud-based management tools. These platforms provide unparalleled scalability and flexibility, enabling businesses to precisely and quickly adjust to changing market demands.
• One major benefit of cloud-based management tools for supply chain operations is cost-effectiveness.
• Organizations can obtain scalable resources on a pay-as-you-go basis and minimize capital expenses linked with traditional IT infrastructure by migrating to cloud solutions. With the help of this economic model, companies can maximize operating costs, match spending to actual consumption, and attain long-term success.
• Moreover, cloud-based management platforms facilitate seamless collaboration among stakeholders within the supply chain ecosystem. Teams may effectively coordinate activities, communicate vital information, and work together in real-time by utilizing shared workspaces and integrated communication technologies.

AI-Enabled No Touch / Low Touch Planning

• Supply chain planning is under constant pressure as a result of the ongoing emphasis on resilience and ESG, as well as the growth of sites, flows, and partners.
• The demands of a more complex, multi-tiered, and nuanced environment have proven too much for current planning capabilities to handle. As a result, not many businesses are able to perform efficient scenario analysis to ascertain the financial consequences of critical choices.
• AI-enabled sales and operational planning (S&OP) and integrated business planning (IBP) applications will help eliminate the gap between supply chain planning and execution.
•  Low-touch planning will use advanced analytics to answer deeper questions with less human participation and remove significant portions of manual labor from the end-to-end planning process. Artificial intelligence (AI) will be able to evaluate large amounts of data, spot anomalies, and look for trends that cause unanticipated disruptions.

Cloud Supply Chain Management Market Report Segmentation Analysis

Key segments that contributed to the derivation of the cloud supply chain management market analysis are component, deployment model, organization size, and vertical.

• By component, the market is bifurcated into solutions and services.
• By deployment model, the market is segmented into public, private, and hybrid.
• By organization size, the market is bifurcated into small & medium enterprises and large enterprises.
• By vertical, the market is segmented into food & beverages, healthcare & life sciences, manufacturing, retail & wholesale, transportation & logistics, and others.

Cloud Supply Chain Management Market Share Analysis by Geography

• The cloud supply chain management market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering cloud supply chain management market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers PEST analysis, which involves the study of major factors that influence the cloud supply chain management market in these regions.

Cloud Supply Chain Management Market Regional Insights

The regional trends and factors influencing the Cloud Supply Chain Management Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Cloud Supply Chain Management Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Cloud Supply Chain Management Market Report Scope

Cloud Supply Chain Management Market Players Density: Understanding Its Impact on Business Dynamics

The Cloud Supply Chain Management Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Cloud Supply Chain Management Market are:

1. Oracle
2. SAP
3. IBM
4. CloudLogix
5. Cloudera, Inc.
6. JDA Software Inc.

Disclaimer: The companies listed above are not ranked in any particular order.

Cloud Supply Chain Management Market News and Recent Developments

The cloud supply chain management market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the cloud supply chain management market are listed below:

• SAP SE announced AI advancements in its supply chain solutions that will unleash a transformative wave of productivity, efficiency and precision in manufacturing. AI-driven insights from real-time data will help companies optimize decisions across their supply chains, streamline product development and improve manufacturing efficiency. (SAP SE, Press Release, April 2024)

• Fujitsu announced the launch of a new cloud-based logistics data standardization and visualization service for shippers, logistics companies, and vendors across the supply chain. The service will offer new tools to customers to achieve sustainability in their operations and address a variety of challenges, including looming shortages of truck drivers, the urgent need to reduce the carbon footprint of transportation, and compliance with stricter industry regulations. (Fujitsu, Press Release, December 2023)

Cloud Supply Chain Management Market Report Coverage and Deliverables

The “Cloud Supply Chain Management Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Cloud supply chain management market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Cloud supply chain management market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Cloud supply chain management market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the cloud supply chain management market
• Detailed company profiles