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The supply chain management (SCM) industry is currently undergoing significant transformation, driven by technological advancements like AI, machine learning, and cloud computing. Companies are seeking end-to-end solutions to enhance visibility, resilience, and efficiency. The focus is on optimizing processes from planning to execution, improving forecasting accuracy, and enabling real-time decision-making. Sustainability and customer experience are also key drivers, with businesses aiming to create more agile, responsive, and environmentally friendly supply chains. Demand for integrated platforms is rising.
Total Assets Under Management (AUM)
SCM Software Revenue in United States
~8 billion USD
(10.7% CAGR)
The SCM software market is experiencing robust growth:
* Increased adoption of cloud-based solutions.
* Rising demand for supply chain visibility.
* Growing investments in AI and analytics.
25 billion USD
AI and machine learning are being integrated into supply chain management for predictive analytics, autonomous decision-making, and optimized processes.
Blockchain technology enhances transparency and traceability in supply chains, ensuring product authenticity and secure data exchange among stakeholders.
IoT sensors and devices provide real-time data on inventory levels, transportation conditions, and environmental factors, enabling proactive supply chain management.
The California Transparency in Supply Chains Act requires companies doing business in California to disclose their efforts to eradicate slavery and human trafficking from their direct supply chain for tangible goods offered for sale.
This act increases supply chain scrutiny, requiring companies to ensure fair labor practices, directly affecting Blue Yonder's clients and their need for transparent supply chain solutions.
The FSMA aims to ensure the U.S. food supply is safe by shifting the focus from reacting to contamination to preventing it, giving the FDA new authorities to regulate the way food is grown, harvested, and processed.
The FSMA impacts Blue Yonder's clients in the food and beverage industry, increasing the demand for solutions that ensure food safety compliance and traceability throughout the supply chain.
The GDPR regulates the processing of personal data of individuals in the EU, imposing strict rules on data collection, storage, and usage, and requires companies to implement appropriate security measures.
The GDPR impacts Blue Yonder and its clients by necessitating robust data protection measures and compliance in handling personal data within the supply chain, increasing the need for secure and compliant solutions.
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