Technology

Supply Chain Management (SCM) Software Market to Grow by USD 24.87 Billion from 2025-2029, Driven by Supply Chain Visibility and Event Management, with AI Impact – Technavio

Published

1 year ago

February 8, 2025

NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global supply chain management (SCM) software market size is estimated to grow by USD 24.87 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 14.6% during the forecast period. Emergence of supply chain visibility and event management is driving market growth, with a trend towards growing demand for fleet management in logistics service industry. However, high initial costs and availability of open-source software poses a challenge. Key market players include American Software Inc., Blue Yonder Inc., Coupa Software Inc., Cybozu Inc., Descartes Systems Group Inc., E2open Parent Holdings Inc., Epicor Software Corp., Infor Inc., International Business Machines Corp., Kinaxis Inc., Koerber AG, Magaya Corp., Manhattan Associates Inc., Microsoft Corp., Oracle Corp., SAP SE, Solvoyo, Sonata Software Ltd., StockIQ Technologies Inc., and Webgility Inc..

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Application (SCP, Procurement, WMS, and TMS), Deployment (On-premises and Cloud-based), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

American Software Inc., Blue Yonder Inc., Coupa Software Inc., Cybozu Inc., Descartes Systems Group Inc., E2open Parent Holdings Inc., Epicor Software Corp., Infor Inc., International Business Machines Corp., Kinaxis Inc., Koerber AG, Magaya Corp., Manhattan Associates Inc., Microsoft Corp., Oracle Corp., SAP SE, Solvoyo, Sonata Software Ltd., StockIQ Technologies Inc., and Webgility Inc.

Key Market Trends Fueling Growth

Supply Chain Management (SCM) software plays a crucial role in logistics services by organizing, planning, managing, and implementing processes for transportation management, fleet management, order fulfillment, logistics network design, and inventory control. The integration of SCM software is particularly popular in fleet management, enabling businesses to optimize the use of their work vehicles, minimize fuel costs, reduce fleet operating costs, improve fleet productivity, and ensure driver safety. A significant step in implementing a fleet management system involves integrating SCM software to record and analyze data through middleware. Global end-users of logistics services are increasingly adopting fleet management solutions to optimize their supply chains. For instance, Lidl UK and Associated Wholesale Grocers Inc. Have selected ORBCOMM Inc. To provide fleet management solutions for their transport networks. The growing demand for fleet management in logistics services is anticipated to fuel the need for SCM solutions during the forecast period.

Supply Chain Management (SCM) software is a crucial business tool for managing the flow of goods and services. SMEs are increasingly adopting cloud-based SCM systems due to their affordability and flexibility. Cloud management systems offer real-time inventory management, data access, and multitenant architecture for subscribers. However, security concerns such as data breaches and theft are key challenges. IoT, 5G, blockchain, and robotics are trending technologies enhancing SCM. High-value items require accountability through GPS monitors and chain of custody. Logistics professionals use SCM tools for transportation spend management, shipment routing, and on-demand delivery. In healthcare, stockless inventory systems and IoT data are vital for device check-ins. SCM software supports internal departments with measurement systems, executive support, and business intelligence. Cloud deployment models offer flexibility for fast-moving consumer goods and trucking industries. Containerization and computerization streamline work-in-progress and finished goods management.

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Market Challenges

• The cost of implementing and maintaining Supply Chain Management (SCM) software solutions has been a concern for businesses due to expenses related to software licensing, installation, hardware, customization, training, and ongoing maintenance. The implementation of Transportation Management Systems (TMS) and Warehouse Management Systems (WMS) necessitates the installation of data-capturing devices on transportation fleets and investment in IT infrastructure. Trained IT staff and dedicated personnel are required for managing and operating SCM solutions. Periodic upgrades and integration with advanced technologies like big data and blockchain further increase costs. Open-source SCM software solutions, such as Odoo, OpenBoxes, xTuple, OpenLMIS, and Sellsy, offer cost savings but have limited features, making them suitable only for small businesses with less complex requirements. This dynamic may hinder the growth of the global SCM software market during the forecast period.

• Supply Chain Management (SCM) software market is witnessing significant growth due to the increasing complexities in IT and telecommunication, omnichannel businesses, and logistics. Businesses aim for a streamlined supply chain to enhance operational agility and time-to-market efficiency. Artificial intelligence (AI) and machine learning technologies, data analysis, and cloud-based SCM solutions are key trends. E-commerce businesses, international trade, and retail sectors are major solution segments. Data security, organizational structure, and solution segmentation (cloud vs traditional on-premises) are challenges. Cloud-based solutions offer transparency through real-time monitoring and verification. Blockchain technology ensures supply chain transparency. Automation technologies like robotic process automation, lean inventory, and just-in-time replenishment are essential for large enterprises and startups alike. IT departments play a crucial role in SCM software implementation. SCM products enable effective supply chain strategies and technologies. Domestic production and e-commerce businesses require efficient SCM solutions.

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Segment Overview

This supply chain management (scm) software market report extensively covers market segmentation by

ApplicationSCPProcurementWMSTMSDeploymentOn-premisesCloud-basedGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

1.1 SCP- Supply Chain Planning (SCP) software is an essential business tool that helps organizations manage and synchronize various functions, including sales and operations planning, demand planning, demand sensing, strategic supply network designing, and long-term and strategic planning. SCP software solutions provide insights by analyzing trends in sales and operations planning, enabling companies to balance demand and supply effectively. Hong Kong Aircraft Engineering Co. Ltd. (Hong Kong Aircraft Engineering) and Heineken NV (Heineken) are among the companies that have implemented SCP software to manage sales data, optimize inventory, and improve demand forecasting. Hong Kong Aircraft Engineering partnered with Ramco Systems to integrate SCP software with advanced supply chain planning and optimization features. Heineken extended its partnership with JDA Software Group to upgrade from sales and operations planning to integrated business planning. Some other SCP software solutions in the market include SAP SE IBP sales and operations planning, Infor Inc. S and OP, JDA Software S and OP, and Manhattan Associates Inc. S and OP. By implementing SCP software, businesses can achieve operational efficiency and make informed decisions based on accurate and timely data.

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Research Analysis

The Supply Chain Management (SCM) software market is experiencing significant growth due to the increasing demand for transparency, efficiency, and operational agility in retail and e-commerce industries. SCM products are essential for implementing effective supply chain strategies and leveraging advanced technologies such as AI, machine learning, and robotic process automation. These technologies enable real-time supply chain data analysis, demand management solutions, and just-in-time replenishment. Moreover, industrial-grade digital technology is revolutionizing SCM, providing streamlined supply chain transactions, supplier relationships, and warehousing management. Domestic production and lean inventory are also becoming critical components of supply chain strategies, leading to time-to-market efficiency and improved supplier relationships. Logistics and purchasing are also being transformed through SCM solutions, enabling real-time tracking and optimization of supply chain transactions. Cloud-based SCM solutions offer flexibility, scalability, and cost savings, making them an attractive option for businesses looking to enhance their supply chain visibility and operational agility. Overall, the future of SCM is bright, with a focus on data analysis, demand management, and the integration of advanced technologies to optimize the entire supply chain process.

Market Research Overview

The Supply Chain Management (SCM) software market is experiencing significant growth as businesses seek to enhance transparency and gain real-time insights into their supply chain operations. Retail and e-commerce industries are major adopters, leveraging SCM products for inventory management, demand forecasting, and transportation spend management. AI, robotics, IoT, and blockchain are transforming SCM technologies, enabling just-in-time replenishment, lean inventory, and real-time material movement. Large enterprises, IT departments, startups, and SMEs are embracing cloud-based SCM systems for their scalability and cost-effectiveness. However, data security concerns, such as data breaches and theft, are driving the adoption of multitenant architecture and access control mechanisms. The market also includes various SCM tools for purchasing, warehousing, and supplier relationships, as well as advanced planning procedures, logistics 4.0, and Industry 4.0 solutions. The integration of real-time monitoring, analytics, and business intelligence is revolutionizing corporate operations, leading to improved accountability, efficiency, and responsiveness. The future of SCM lies in digitalizing business models, optimizing inventory, and enhancing supply chain visibility through industrial-grade digital technology and on-demand delivery systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationSCPProcurementWMSTMSDeploymentOn-premisesCloud-basedGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

Published

1 hour ago

April 29, 2026

SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

Published

1 hour ago

April 29, 2026

Watch Chef robots in action.

The baked goods packing application supports four distinct placement capabilities.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

Technology

Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea

Published

1 hour ago

April 29, 2026

New investment underscores the company’s long-term commitment to Korea and its leading role in the global semiconductor industry

LEHIGH VALLEY, Pa., April 29, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company and serving Samsung globally, today announced it has been selected by Samsung to supply industrial gases for its new advanced semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.

Under the agreement, Air Products will build, own and operate multiple state-of-the-art production facilities and a bulk specialty gas supply system to supply nitrogen, oxygen, argon, and hydrogen for Samsung’s new semiconductor fab. The new facilities are expected to come onstream in multiple phases from 2028 through 2030.

Air Products has a long track record of executing multiple phase expansions in Pyeongtaek to support Samsung’s growing manufacturing needs. This latest project represents Air Products’ largest investment to date in the semiconductor industry and will establish Pyeongtaek as the company’s single largest operations site globally supporting the electronics industry.

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” said SR Kim, President, Air Products Korea. “This significant investment reinforces Air Products’ role as a leading global supplier to the semiconductor industry and underscores our long-standing commitment to supporting our strategic customers with safety, reliability, efficiency and excellent service.”

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies. The company has operated in Korea for more than 50 years and has established a strong position in electronics and manufacturing sectors.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

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SOURCE Air Products