TechNavio recognizes the following companies as the key players in the Global Warehouse Management System Market: Manhattan Associates Inc., RedPrairie, Oracle Corp., and HighJump Software Inc.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: “Large enterprises and SMEs need WMS for the same reason. With the emergence of cloud computing, companies are attempting to shift all their informational data on a hosted system. SaaS-based WMS solutions have many benefits as the installation and maintenance of these solutions do not require any extra cost. The major end-users for these solutions are SMEs that face budgetary constraints for IT infrastructure and staff and are looking toward SaaS-based WMS for advanced WMS capabilities. Hence, many vendors are offering flexible payment options to customers with respect to their usage of cloud-based WMS. In addition, the need for technical support staff is eliminated, as these tasks are performed by SaaS-based WMS vendors.”
According to the report, as a result of worldwide economic development, there is an increase in the demand for products and services. This increased demand has provided companies with a momentum to large-scale manufacturing of products. Therefore, companies are looking for solutions that can help them achieve large-scale manufacturing at a reduced cost, leading to an increased adoption of WMS solutions. WMS helps improve customer satisfaction while reducing production, labor, storage, distribution, and inventory costs
Further, the report states that one of the main challenges is the high cost of implementation. The high cost of implementation is inhibiting major enterprises from adopting WMS software. Although the use of technologically advanced equipment enhances the operational effectiveness and efficiency, it is expensive to implement them and requires a large amount of capital. It is essential for WMS software to be upgraded regularly to incorporate recent advancements; this makes the software costly.
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 vendors. For further information on this report, please visit https://www.technavio.com/content/global-warehouse-management-system-mark…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report -Global Warehouse Management System Market 2012-2016
