About Logistics Order Management Solutions
Order management system is the tool or platform which tracks sales, orders, inventory, and fulfilment and enables the people, processes, and partnerships necessary for products to find their way to the customer. Logistics order management system helps to fulfil the customer promise, from formulation to implementation. It contributes towards controlling execution costs and meeting ever-increasing service goals. Its features include calculate stocks, feed sales tools, modify orders, track promise execution, and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Logistics Order Management Solutions market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SAP (Germany), Oracle (United States), JDA Software (United States), Epicor (United States), Deseartes System Group (Canada), HighJump Software (United States), IBM (United States), Basware (Finland), PTC (United States) and Basware (Finland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Infor (United States), Jaggaer (United States), GTNexus (United States), Kewill Systems (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Logistics Order Management Solutions market by and Region.
On the basis of geography, the market of Logistics Order Management Solutions 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). If we see Market by Components, the sub-segment i.e. Software will boost the Logistics Order Management Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Manufacturing will boost the Logistics Order Management Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Feed sales tools will boost the Logistics Order Management Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Business, the sub-segment i.e. B2B will boost the Logistics Order Management Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for AI Powered Supply Chain Platforms in Logistics Order Management Solutions and Dynamic Route Management and Integration of E-Wallets for Cash-On-Delivery Operations
Market Growth Drivers:
Growing E commerce Industry and Benefits Such as Ease of Operations and Increased Efficiency
Challenges:
Lack of Skilled Labours
Restraints:
High Costs Associated with The Solutions may Hinder the Market
Opportunities:
Increase in Globalisation and Digitisation and Increasing Popularity of Automated Solutions is Boosting the Market
Market Leaders and their expansionary development strategies
In January 2020, Trimble has acquired Kuebix, a leading transportation management system (TMS). This acquisition will enable Trimble to bring together its network of private fleet and commercial carrier customers.
In June 2020, Openbravo has announced the launch of Openbravo OMS, an omnichannel order management system. This solution provides single, global view of all inventory so allowing retailers to optimise their fulfilment process by selecting the best shipping locations.
Key Target Audience
Solution providers, E commerce companies, Government associations, Research organisations, Software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.