Smart and Mobile Supply Chain Solutions Market Forecasts to 2028 – Global Analysis By Product (Polished, Engraved, Stamped, Stained, Exposed, Epoxy, Coloured, Concrete Overlays and Other Products), Application (Floors, Patios, Walls, Pool Decks, Side Walk

Smart and Mobile Supply Chain Solutions Market Forecasts to 2028 – Global Analysis By Product (Polished, Engraved, Stamped, Stained, Exposed, Epoxy, Coloured, Concrete Overlays and Other Products), Application (Floors, Patios, Walls, Pool Decks, Side Walks, Drive Ways and Other Applications) and End User( Residential, Non Residential and others)

According to Stratistics MRC, the Global Smart and Mobile Supply Chain Solutions Market is accounted for $16694.41 million in 2022 and is expected to reach $34572.81 million by 2028 growing at a CAGR of 12.9% during the forecast period. Smart and mobile supply chain solutions are incorporated software applications that provide absolute business visibility, supply management and inventory optimisation with demand and manufacturing. It also provides functions such as procurement, invention, storage, supply, transportation and selling through the total management of information, financial and materials flow. This solutions help in collecting and managing the composed information and majorly deal with the information generated within the supply chain.

According to a survey conducted by Sage Growth Partners, around 86% of respondents said that the adoption of supply chain market software could improve care quality and profit margin and the software also supports hospitals and medical practices to adhere and deliver value based care.

Market Dynamics:

Driver:

Increase in compliance mandates

The raise in compliance mandates with the developing information flow from retailers and suppliers are influencing the growth of the market. Smart and innovative supply chain solutions is achieving reputation for diminishing operating costs, lead time, and inventory essential to meet up the altering market needs. Moreover, quick urbanization, change in lifestyle, surge in investments and improved consumer spending absolutely impacted the market.

Restraint:

Rapid changes in internal costs

Rapid changes in internal costs such as spikes in commodity prices and quick wage inflation, and shortage of infrastructure and system scalability are expected to hinder the market growth. Also, lack of information precision is projected to challenge the smart and mobile supply chain solutions market in the forecast period.

Opportunity:

Increase in integration of robotic process automation

Implementation of robotic process automation helps to develop the supply chain competence, reduces cost by automating repeatable tasks and processes and eliminates human errors and anomalies. It generates a series of actions, integrates with back-end systems such as ERP and CRM, and then mechanically executes these repeatable tasks. Integrating RPA into smart and mobile supply chain management solutions helps rationalize a variety of supply chain processes such as demand and supply planning, email automation, vendor selection, order processing, payments, inventory management, and customer service.

Threat:

Lack of infrastructure

Infrastructure affects development during some supply and demand-side channels. It consists of the assets and systems that affects the network of suppliers, manufacturers, and logistics functions. It includes the information and organizational structures that support the supply chain. This interruption hinders growth, which causes financial deficit and, in turn, brings low standards of living.

Covid-19 Impact

The smart and mobile supply chain solutions market is expected to witness high growth in the post-COVID scenario owing to the high adoption of smart supply chain solutions with models such as SaaS. Various non-medical manufacturing companies started manufacturing ventilators, sanitizer, and ventilators, among others due to negative impact of the COVID-19. These systems turn down necessity for onsite and shop employees to check the manufacturing process.

The transportation management systems segment is expected to be the largest during the forecast period

The transportation management systems segment is estimated to have a lucrative growth, due to ability to track drivers and increased efficiencies. It is a logistics platform that uses technology to help businesses plan implement and optimize the physical movement of goods, both inward and outward and making sure the shipment is properly done and proper documentation is presented.

The Third Party Logistics segment is expected to have the highest CAGR during the forecast period

The Third Party Logistics segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its services such as packaging, warehousing, transportation and order fulfilment. They provide a full range of ecommerce fulfilment services. It gains flexibility and scalability and enables production development and promotes extension. Improved customer satisfaction is the main factor driving the market growth.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the increased implementation of superior technologies along with GPS and RFID in manufacturing and retail & consumer goods sectors in this region. Moreover, many companies are implementing smart machines, ERP systems, mobile technologies, and supply chain management solutions to strengthen their operations which is growing the share of the market.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to improved internal production processes and operation monitoring. The development of the e-commerce industry and increase in demand for logistics management services in the region raised the market growth. Industries in this region are adopting software that provides simple access to customer information and real-time analytics.

Key players in the market

Some of the key players profiled in the Smart And Mobile Supply Chain Solutions Market include Oracle Corporation, Infor, Manhattan Associates, The Descartes System s Group Inc, JDA Group, Inc, HighJump, IBM Corporation, SAP SE, WiseTech Global, Kewill System, Epicor Corporation, Dassault System, Vanguard, Kinaxis Inc, Amadeus, E2open, LLC, Coupa, Top of Form, Jaggaer, Blue yonder, Verizon connect, Lineage Logistics, Shipwell

Key Developments:

In August 2022, Blue Yonder, a digital supply chain and omnichannel commerce fulfillment solutions provider, partnered with HONOR, a manufacturer of smart devices, to provide its supply planning solution to the latter. Blue Yonder’s supply planning solution provides HONOR with connected view of its supply chain planning processes and helps in making accurate and faster decisions, minimizing stock-outs, and maximizing inventory turns.

In June 2022, Lineage Logistics, LLC, a provider of industrial REIT and logistics solutions, acquired Turvo Inc., which offers supply chain management, collaboration, and visibility software.

In April 2022, Shipwell, a cloud-based shipping and logistics software provider, launched an all-in-one Shipper Mobile application that enables shippers to access Transportation Management System (TMS) and visibility solution through their smart phones.

Segmentations Covered:
• Warehouse Management Systems
• Supply Chain Planning
• Transportation Management Systems
• Manufacturing Execution Systems
• Sourcing and Procurement
• Other Segmentations

Enterprise Sizes Covered:
• Large Enterprises
• SMEs
• Other Enterprise Sizes

Industries Covered:
• Third Party Logistics
• Commercial
• Other Industries

End Users Covered:
• IT & Telecom
• Government
• Healthcare
• Retail Goods
• Consumer Goods
• Manufacturing
• Energy & Utilities
• Transportation & Logistics
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements