Business Services Industry
Supply chain process management market to quadruple by 2005.
Warehousing Management, June, 2001
THE SUPPLY CHAIN PROCESS MANAGEMENT (SCPM) market is expected to more than quadruple to $518 million by the end of 2005, according to a new study conducted by the ARC Advisory Group, a provider of strategic planning and technology assessment services. ARC says the market for SCPM products exceeded $125 million in 2000.
SCPM provides alerting, alert resolution logic and extended supply chain visibility into inventory in motion, inventory at rest and a real-time view of key performance indicators. "This type of solution improves customer satisfaction by helping companies to drive strong performance on the perfect order metric," says Steve Banker, ARC's director of supply chain solutions and author of the study. "The payback appears to fall into four...
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