European SCM services - No longer a big bang approach, says IDC; European SCM services CAGR forecast at 15% to 2006.

0 Comments | M2 Presswire, August, 2002

M2 PRESSWIRE-6 August 2002-IDC: European SCM services - No longer a big bang approach, says IDC; European SCM services CAGR forecast at 15 to 2006 (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:08062002 AMSTERDAM -- According to recent IDC research, the Western European market for supply chain management (SCM) services will grow from $9.5 billion in 2001 to $19 billion in 2006, representing a compound annual growth rate (CAGR) of 15.

These services embrace discrete consulting engagement, outsourcing services, systems integration projects, and training and support services. However, projects will no longer consist of one large engagement, or a "Big Bang" approach. Instead solutions will consist of a series of small consecutive projects. This enables...