The report forecasts the global inventory management software market in retail sector to grow at a CAGR of 8.31% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend helping boost market growth is the increasing adoption of RFID technology. The rise in e-commerce and m-commerce has led to the adoption of omni-channel distribution systems, which require sophisticated inventory management systems to monitor operations. M-commerce and e-commerce companies compete on the basis of price, quality, and delivery time. RFID systems use an electronic data interchange to provide real-time information about the status of ordered goods to customers and retailers. They help minimize the cost of operations by reducing the delivery time and defects per million opportunities, such as delivering the wrong item, which triples the delivery time and can result in customer attrition.
According to the report, a key growth driver is the existing supply chain inefficiencies and need for transparencies. Accurate demand planning by manufacturers and retailers is also another complex task because of inefficiencies such as incorrect data and delayed data flow through the supply chain. Manufacturers can obtain point-of-sale data from retailers, but without information about stock levels during inventory transportation, it is not possible to forecast the demand accurately.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- JDA Software
- Sage Inventory Advisor
- Aldata Software Management
- Kewill Systems
- Lawson Software
- Manhattan Associates
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by deployment type
PART 07: Geographical segmentation
PART 08: Buying criteria
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Five forces analysis
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
PART 18: About the Author
For more information visit http://www.researchandmarkets.com/research/db2wx5/global_inventory
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-inventory-management-software-market-in-the-retail-sector-cagr-growth-of-831-by-2020---trends-technologies--opportunities-report-2016-2020---key-vendors-microsoft-inflow-ibm-300298715.html
SOURCE Research and Markets