What is Retail Order Management Software Market?
Retail order management software is a front-end system designed to set up the future new orders and new business. It is a comprehensive order management solution that includes mobile order writing, B2B e-commerce, web order management, and the ability to integrate with users back office systems. With the mobile order writing solution, sales representatives have access to a detailed digital product catalog, customer lists, contact information, pricing, etc. stored on a mobile device and are able to write and submit orders at a trade or store visit with just a few taps and swipes. Web order management then allows the back office team to keep track of orders coming in from sales reps in the field, so the picking and packing can commence. With web order management, they also have the ability to make any necessary information updates, like pricing changes, product additions, among others.
The market study is being classified by Type (Cloud-Based and On-Premises), by Application (Supermarket, Distributors and Others) and major geographies with country level break-up.
Epicor Software Corporation (United States), Microsoft Corporation (United States), Oracle (United States), SAP (Canada), IBM (United States), Manhattan Associates (United States), OrderDynamics (Canada), Sanderson (United Kingdom), Freestyle Solutions (United States), Brightpearl (United Kingdom) and Accenture (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are RetailOps (United States), Springboard Retail (United States), JDA Software Group, Inc. (United States), Accruent (United States), Moulton Fulfillment (United States), MICROS Systems, Inc. (United States) and Jesta Group (France).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Retail Order Management Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Retail Order Management Software market by Type, Application and Region.
On the basis of geography, the market of Retail Order Management Software 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The growing trend of Omnichannel retailing
- Widespread adoption of smartphones and other mobile devices
- The rapidly growing popularity of e-commerce
- Need to mitigate supply chain inefficiencies
Restraints
Opportunities
- Emerging Demand from Economies
On Nov. 14, 2018, TECSYS Inc., an industry-leading supply chain management software company, announced its acquisition of OrderDynamics Corporation, a fast-growing leader in out-of-the-box distributed order management software based in Richmond Hill, Ontario. This acquisition is expected to boost technology in terms of supply chain management to offer new pathways to succeed in today’s competitive environment.
Key Target Audience
Retail Order Management Software Providers, Distributors, Consulting Firms, Downstream Vendors and Regulatory & Government Bodies