We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Three supply chain software trends to watch
Forward Thinking

Three supply chain software trends to watch

February 21, 2018
Supply Chain Quarterly Staff
No Comments

Many of the trends that gripped the supply chain software market in 2017 will continue to deepen in the coming year, says Nucleus Research. In a recent report, "The State of the SCM Market: 2018," the Boston, Massachusetts-based analyst group issued the following three predictions for 2018:

1) More consolidation. Last year was marked by a number of mergers and acquisitions in the supply chain software space. Nucleus expects this trend to continue in the coming year, as vendors look for ways to grow and keep pace with new technology developments. In part, this trend is being driven by the fact that many cloud-based vendors have open application programming interface (API) architecture that makes integrations easier and less costly, says Nucleus.

2) More analytics. Nucleus Research anticipates that more and more end users will select supply chain software based on the strength of its analytics. For supply chain applications, analytics are no longer a "nice-to-have," they are a "must-have," says report author Seth Lippincott. According to Nucleus, the right analytics can help create a more accurate demand forecast, which in turn leads to more accurate inventory levels and greater cost savings. 3) More automation. Supply chain software will grow increasingly more sophisticated this year and will be able to perform more processes without human intervention, according to the report. Instead of just sending out an alert when an issue or exception arises, more supply chain solutions can now review possible actions to take and select the best one based on past historical outcomes. For example, supply chain software will be able to analyze point-of-sale data, identify stock-keeping units that are in danger of running out, and then issue an order to the trading partner with the most available supply.

  • Related Articles

    HighJump names four supply chain trends for 2017

    Supply chain management software market expected to exceed US$13 billion in 2017

    Space agency seeks down-to-earth opportunities for supply chain software

Recent Articles by Supply Chain Quarterly Staff

APM Terminals to add capacity at Port of Mobile

Cargo volume down in Oakland

Safety experts to headline National Forklift Safety Day 2022 program on June 14

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Logistics pros warn of business impact from Russia-Ukraine war

  • Container prices continue to drop

  • How to resolve your inventory dilemma

  • Warehouse vacancy rates sink to 27-year low

  • Empty shipping containers stack up at U.S. port depots

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • Omnitracs One – Last Mile Solutions

  • The enterprise shipper's guide to building a smarter truckload RFP

  • Fixed vs. Flexible Automation: Which Option is Better for 3PLs?

  • Enhancing Relationships in Logistics through Data & Collaboration

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing