by Shane Henson — September 11, 2013—TechNavio, the market research platform of Infiniti Research Ltd., recently released Global Warehouse Management System Market 2012-2016, an in-depth market analysis with input from industry experts. The report covers the market in the Americas, and the APAC (Asia-Pacific) and EMEA (Europe, the Middle East and Africa) regions. It also covers the global warehouse management system (WMS) market landscape and its growth prospects in the coming years, and includes a discussion of the key vendors operating in this market.
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 momentum leading 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 warehouse management system (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 reportedly 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 analyzing the strengths, weaknesses, opportunities and threats facing the key vendors, which TechNavio recognizes to be: Manhattan Associates Inc., RedPrairie, Oracle Corp., and HighJump Software Inc.
