TechNavio today launched its report Global Procurement and Order Management Applications Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC region. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said; ”In 2011, the Global Procurement Applications market witnessed many collaborations between the procurement and finance operations of organizations. The components of procurement applications, such as purchase-to-pay and supplier performance management, are bringing together various cross-functional departments. In addition, the market is also witnessing the collaboration of purchasing operations, where procurement professionals in many organizations are reaching out to their peers at other organizations, and sometimes even competitors.”
According to the report, one of the most important factors driving the Global Order Management Applications market is the need to reduce the length of the supply chain in the lifecycle of a business process in an organization.
Further, the report also discusses that the need for business process re-engineering is one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-procurement-and-order-management…
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TechNavio Announces the Publication of its Report – Global Procurement and Order Management Applications Market 2011-2015
