Supply Chain Management Applications Market To Grow 7% Annually Through 2012.
IndustryWeek (11/26, Selko) reports, "The supply chain management (SCM) applications market will grow 7% annually for the next five years, despite the gloomy economic conditions of 2008, according to a new study from AMR Research." Currently "a $6.5 billion market, the market will reach $9.2 billion in 2012." The study also "named five major forces that will be at work in the economy and society in the foreseeable future, and how the supply chain and the technologies that support it will help companies in the next five years." The major forces include high inflation, increasing commodity prices, "threats to brand security," the importance of cash, and sustainability becoming "a component of corporate decision making."
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