Top 10 SCM Technology Providers - 2021

Supply Chain Management (SCM) market size is expected to grow from $23.2 billion in 2020 to $41.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of about 10 percent during the forecast period. The growth of SCM market is attributed to the demand for greater visibility and transparency in supply chain data and processes, high growth in e-Commerce, increasing adoption of cloud supply chain management among SMEs (Small and medium-sized enterprises) and enhancing business continuity by minimizing potential failures. With advancement in technology, the SCM industry is also evolving. Integration of Artificial Intelligence (AI) with SCM would open a wide range of opportunities for vendors. The cloud-based segment provides numerous benefits such as reliability, scalability, integrated design, cost-effectiveness and immediacy over the traditional SCM model to industry verticals.

In addition to the factors like development of industrial-grade digital technology, surge in need for improved supply chain visibility, and increase in inclination towards cloud-based supply chain management software, the surge in need of demand management solutions among enterprises and increase in adoption of SCM software in healthcare and pharmaceutical companies are also driving the growth of the industry.

Understanding the need of the hour and studying key progressions and developments in SCM technology and solution sector, team CIO Review India has come up with a list of 'Top 10 SCM Technology Providers - 2021' who have proved their proficiency in the sector with a deep knowledge in technology. The following list is prepared by a closely scrutinized panel of judges consisting of CEOs, CIOs, CXO, analysts, and our editorial board. We believe that these solution providers will help in transforming business processes through their significant expertise and knowledge.

We present to you CIOTechOutlook Top 10 SCM Technology Providers - 2021.