Supply Chain Management BPO Market Scope
Firms have attempted to enhance performance by outsourcing non-core operations. The management of the outsourcing function, as well as the role it plays in promoting greater organisational performance, are high-profile challenges. SCM business process outsourcing is the outsourcing of an organization's supply chain management (SCM) function to a third-party service provider (BPO). The SCM was created with the intention of being a central function inside the business. Fundamental developments in SCM, such as the requirement for a beyond-the-boundary approach to logistics, procurement, and inventory management, have prompted the development of the SCM BPO industry. Some of the key characteristics of SCM BPO include lowering total costs, matching customer demands, and increasing supply chain flexibility. The implementation of SCM BPO is hampered by unexpected expenses and the difficulties of integrating SCM into the BPO.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | IBM Corporation (United States), Tata Consultancy Services Limited (India), Accenture plc (Ireland), Capgemini SE (France), Genpact Limited (United States), A.P. Moller – Maersk (Denmark), HCL Technologies Ltd. (India), Infosys Ltd. (India), WNS Global Services Pvt. Ltd. (India) and UPS Supply Chain Solutions, Inc. (United States) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Supply Chain Management BPO market throughout the predicted period.
IBM Corporation (United States), Tata Consultancy Services Limited (India), Accenture plc (Ireland), Capgemini SE (France), Genpact Limited (United States), A.P. Moller – Maersk (Denmark), HCL Technologies Ltd. (India), Infosys Ltd. (India), WNS Global Services Pvt. Ltd. (India) and UPS Supply Chain Solutions, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Blue Yonder (United States), Infor Global Solutions (United States), Cognizant (United States), Epicor Software Corporation (United States), Coupa Software (United States) and Avnet, Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Supply Chain Management BPO market by Type , by Application (Aerospace & Defense, Healthcare, Public Sector, Banking, Financial Services, and Insurance, IT & Telecom, Retail and Others) and Region with country level break-up.
On the basis of geography, the market of Supply Chain Management BPO has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
On 28th July, 2020 - Maersk launched Its Digital Supply Chain Management Platform, called “Maersk Flow”. The Solution Offers Transparency in Essential Supply Chain Activities and Guarantees That the Movement of Items and Documents Is Implemented as Intended. and On 21st August, 2019 – Stratford Released an Update to its Real-Time Supply Chain Analytics Platform, “Syft Synergy”. Th Update includes Added Features with Artificial Intelligence (AI) Capabilities, Master Data Management, Inventory Services, Supply Chain Management Software, Analytics, And Advanced Reporting.
Influencing Trend:
Integration With Advance Technologies Such as Cloud Computing & Data Analytics
Market Growth Drivers:
Rising Demand for Operational Efficiency, Increasing Adoption of Cloud-Based BPO for SCM and Growing Number of SCM Service Providers
Challenges:
Fierce Competitive Pressure and High Initial Investment
Restraints:
MNC’s Indulging in Business Integration
Opportunities:
Increasing Implementation Among SMEs
Key Target Audience
Supply Chain Management BPO Solution Providers, New Entrants and investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others