HOME Research Insight SAP SE (Germany) and Oracle Corp. (US), are the Leading Players in the Warehouse Management System Market

SAP SE (Germany) and Oracle Corp. (US), are the Leading Players in the Warehouse Management System Market

Warehouse Management System (WMS) is a software application primarily used for the centralized management of various warehousing operations that include receiving, sorting, inventory control, picking, putaway & replenishment, labor management, shipping, yard management, and dock management. This system can be implemented on-premises or accessed through cloud servers maintained by WMS vendors. The warehouse management system can be used as a standalone system or it can be integrated with the existing Enterprise Resource Planning (ERP) system in the warehousing facility. Modern warehouse management systems are highly advanced and capable of handling and processing significant amount of data in an efficient manner. The warehouse management system market is projected to reach USD 3.23 Billion by 2023, at a CAGR of 14.1% between 2017 and 2023. The growth of this market is mainly attributed to the emergence of multi-channel distribution networks, growth of the e-commerce industry, increased adoption of on-cloud WMS solutions, and globalization of supply chain networks.

SAP SE (Germany), Oracle Corp. (US), JDA Software Group, Inc. (US), Manhattan Associates, Inc. (US), and Epicor Software Corp. (US) are some of the leading players operating in the warehouse management system market. New product launches, contracts, agreements, expansions, acquisitions, partnerships, and collaborations are some of the key strategies adopted by major players to gain a competitive edge over their peers in the market.

SAP SE designs and develops efficient enterprise software solutions with a high emphasis on product innovation. The company has more than 100 innovation and development centers. The company relies on investing in disruptive technologies and innovating software solutions, such as SAP S/4 HANA. Furthermore, the company is focused on investing in inorganic growth strategies to further strengthen its leadership position in the cloud solution offerings. For instance, in February 2017, SAP SE signed a contract with Arla Foods (UK) to implement its new extended warehouse management system into Arla Foods distribution facilities located at Leeds and Bristol. The company has an extensive network of more than 15,000 partner companies worldwide, which, in turn, has helped SAP to extend its WMS offerings, globally. The revenue of the company’s application, technology, and services business segment, through which SAP SE offers WMS solutions, grew by 5% in FY16 as compared with FY15.

Oracle Corp. provides comprehensive software and hardware solutions, complemented by its extensive cloud, platform, and infrastructure services. The company has expertise in software development, which, in turn, has helped Oracle develop highly advanced WMS software. An extensive global reach and wide customer base enabled Oracle to attain market leadership position in the warehouse management system market. The company’s advanced cloud platform facilitates faster software deployment, making Oracle WMS a preferred choice among customers. The increasing demand for big data analytics and cloud technology offers lucrative growth opportunities for the company. In recent years, the company is anticipated to focus on improving its WMS solution offerings. In September 2016, Oracle acquired LogFire (US), a leading provider of cloud-based WMS software solutions to strengthen its WMS cloud suite. This acquisition strategy enabled Oracle to strengthen its foothold in the warehouse management system market.

Other companies operating in the warehouse management system market include IBM Corp (US), Infor, Inc. (US), PTC Inc. (US), PSI AG (Germany), TECSYS Inc. (Canada), BluJay Solutions (UK), and HighJump (US).

elated Reports:

Warehouse Management System Market by Component (Software, Services), Implementation (On-Premise, On-Cloud), Tier Type (Advanced, Intermediate, Basic), Industry (Automotive, Food & Beverages, Healthcare, E-Commerce), and Region - Global Forecast to 2023

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