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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

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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

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NAVER D2SF Invests in On-Device AI Startup TraceWeave

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TraceWeave develops its own post-Transformer AI architecture that enables AI agents to run on memory-constrained devicesCompletes paid pilot in mobility; pursues commercialization across robots, drones, smart glasses, and moreNAVER D2SF continues to invest in on-device AI and next-generation device technologies

SEOUL, South Korea, Oct. 20, 2026 /PRNewswire/ — NAVER D2SF has made a new investment in TraceWeave, an on-device AI startup led by co-founder and CEO Jaeyoung Park. TraceWeave is the team behind Phase-TITAN, a post-Transformer architecture that understands long contexts and carries out multi-step tasks while keeping memory usage constant. NAVER D2SF recognized the company’s core technology for enabling AI agents on resource-constrained devices.

As AI expands to robots, vehicles, smart glasses, and drones, its applications are advancing beyond simple chatbots toward complex reasoning and decision-making. In Transformer-based models, the key-value cache (KV-Cache) grows with context length, requiring more memory. On-device constraints in memory, battery life, and heat have made it difficult to implement AI agents that understand long contexts and perform complex tasks.

TraceWeave’s Phase-TITAN is a new AI architecture designed to resolve this memory bottleneck by replacing the conventional Transformer architecture altogether. TraceWeave develops its own AI models rather than relying on existing open-source models. Memory usage remains constant as context grows. According to TraceWeave, at a 1M-token context without quantization, a comparable Transformer’s KV-Cache holds tens of gigabytes or more, while its 1B Phase-TITAN model holds 0.04 GB. This enables agents to call tools, interpret results, and decide on their next actions entirely on the device, without cloud calls. TraceWeave’s internal benchmarks on RULER and BFCL indicate that Phase-TITAN maintains performance on par with Transformer models of the same size and larger.

TraceWeave has demonstrated a multi-step agent running on a smartphone using only its CPU, without cloud calls. In mobility, it completed a paid pilot with the autonomous driving affiliate of a global automotive group, identifying driving-data frames that improve the partner’s autonomous driving model without human annotation. It is also validating in-vehicle agent performance with a global automotive electronics software company and exploring opportunities in robots, drones, smart glasses, and wearables. TraceWeave was a Top 20 finalist in NVIDIA’s 2026 Inception Grand Challenge.

TraceWeave was co-founded in October 2025 by researchers with backgrounds at ETH Zurich, Google, and KAIST. The team combines engineering expertise grounded in computational neuroscience and physics with business development capabilities, designing its own architecture and validating it in device environments that reflect real-world customer needs. In this seed round led by Mirae Asset Capital, TraceWeave raised approximately KRW 3 billion at a pre-money valuation of approximately KRW 30 billion. Based at NAVER D2SF @Gangnam, the company plans to use the funding to expand its research and engineering team for next-generation architecture development and grow its business.

“Taking the KV cache out was never the hard part. Staying capable without it was,” said Jaeyoung Park, co-founder and CEO of TraceWeave. “The best part is no part. Phase-TITAN already delivers Transformer-class capability without the Transformer’s memory tax, and the next one goes well beyond its class, with the memory still fixed.”

“On-device AI is a core technology for implementing complex, advanced AI across diverse device environments beyond PCs, and it also offers advantages in reducing cloud call costs and protecting privacy,” said Sanghwan Yang, Head of NAVER D2SF. “TraceWeave is a team that is innovating AI architecture to overcome the limitations of existing AI models and bring AI to on-device environments.”

View original content:https://www.prnewswire.com/news-releases/naver-d2sf-invests-in-on-device-ai-startup-traceweave-302913752.html

SOURCE NAVER D2SF

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Gear Up for Year-End Wellness: iHerb Spotlights 4 Everyday Health Essentials and Kicks Off 11.11 Early Access Sale with Up to 40% Off Sitewide

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HONG KONG, Oct. 21, 2026 /PRNewswire/ — As October gets underway, many individuals are proactively preparing their daily health and self-care routines ahead of the busy year-end season. Global health and wellness e-commerce platform iHerb has curated a premier lineup of four top-selling daily nutritional supplements from its flagship house brand, California Gold Nutrition, and consumer-favorite brand, Doctor’s Best. Encompassing marine collagen, Omega-3 fatty acids, CoQ10, and chelated magnesium, this selection addresses distinct nutritional priorities, providing consumers with comprehensive, high-quality choices for daily maintenance and holistic vitality.

The iHerb Singles’ Day Early Access campaign officially launches today and runs through October 28. During the promotional period, shoppers can apply promo code “HD11BUY” at checkout to receive up to 40% off sitewide. Additionally, new customers worldwide can use promo code “WELCOME7” to enjoy 30% off their first purchase—offering consumers the ideal opportunity to proactively map out their year-end wellness and nutrition regimens.

Daily Wellness from Within: Collagen and Omega-3 as Nutritional Building Blocks

Founded in the United States and powered by 30 years of global health curation, iHerb offers an extensive catalogue spanning vitamins, dietary supplements, beauty, sports nutrition, and everyday lifestyle essentials. The platform empowers consumers to explore premier wellness goods from around the world all in one convenient place.

Among the featured highlights is California Gold Nutrition’s Hydrolyzed Marine Collagen Peptides + Hyaluronic Acid and Vitamin C. This synergistic formula pairs bioavailable hydrolyzed marine collagen peptides with hyaluronic acid and antioxidant vitamin C. Formulated as an unflavored, easily dissolvable powder, it blends effortlessly into morning coffee, smoothies, or water according to usage guidelines, offering a hassle-free addition to daily beauty and mobility regimens.

For essential fatty acid support, California Gold Nutrition’s Omega-3 Premium Fish Oil provides concentrated Omega-3 fatty acids, specifically EPA and DHA. Delivered in fish gelatin softgels, it offers an accessible, high-purity option for consumers seeking to incorporate vital fatty acids into their daily dietary routine to maintain overall cardiovascular, cognitive, and cellular wellness.

Targeted Cellular Vitality and Essential Minerals: Advanced Science from Doctor’s Best

Complementing collagen and fish oil, trusted wellness brand Doctor’s Best delivers science-backed formulations for more specialized nutritional support. The brand’s High Absorption CoQ10 utilizes naturally fermented Coenzyme Q10 paired with patented BioPerine® black pepper extract to enhance nutrient absorption and bioavailability. It provides an exceptional daily option for adults focused on supporting cardiovascular function, cellular energy generation, and antioxidant defenses.

Another standout favorite is Doctor’s Best High Absorption Magnesium Lysinate Glycinate, which features Albion® TRAACS® chelated magnesium in convenient tablet form. This fully chelated delivery ensures high bioavailability and superior digestive tolerance, allowing consumers to easily select the right daily supplement tailored to their dietary habits, physical activity, and relaxation needs.

Special Promotion: 11.11 Early Access

Sitewide Early Bird Offer: Use promo code HD11BUY to take up to 40% off sitewide.

New Customer Welcome: First-time shoppers globally can apply promo code WELCOME7 for 30% off their order.Promotion Window: Active immediately through October 28, 2026.Details & WhatsApp: Subject to terms and product eligibility on the official iHerb website. Subscribe to the official iHerb Hong Kong WhatsApp channel for real-time campaign updates.

About iHerb (https://hk.iherb.com/)

iHerb is a world-leading e-commerce destination dedicated to health, wellness, and self-care. Founded in California in 1996, iHerb now serves millions of customers across more than 180 countries. With a selection of over 40,000 authentic, high-quality products across vitamins, supplements, sports nutrition, personal care, and grocery items, iHerb delivers value and convenience directly to doorsteps worldwide, supported by state-of-the-art GMP-registered, climate-controlled distribution centers.

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SOURCE iHerb

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EPG Showcases Full-Stack AIDC Capabilities and Global Delivery Network at DCWA 2026 in Singapore

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SINGAPORE, Oct. 21, 2026 /PRNewswire/ — EPG, a global provider for prefabricated modular data center infrastructure, showcased its latest AI data center solutions at Data Centre World Asia (DCWA) 2026, held in Singapore on September 29–30. Demonstrating its commitment to Asia-Pacific and the markets beyond, EPG presented its AI Core prefabricated modular data center solution and Edge POD prefabricated edge data center solution, alongside the global launch of AeroLev 1850, an air-cooled, magnetic-bearing chiller platform jointly introduced with MagPro. Together, these offerings demonstrate EPG’s end-to-end capabilities across modular infrastructure and high-efficiency cooling for AI data centers (AIDCs).

At the opening address for the Critical Infrastructure Theatre, EPG Chief Operating Officer Johnny Zhang highlighted the growing demands AI is placing on data center infrastructure, from higher power density and faster deployment to more efficient cooling. As AI continues to evolve, infrastructure must keep pace to support the next generation of AI computing.

Building on these themes, Johnny Zhang moderated a panel discussion on the future of data centers, resilience and digital infrastructure, bringing together industry experts from data center design, cloud and AI infrastructure, and cooling technology to explore emerging requirements for energy efficiency, high-density cooling and scalability. EPG Chief Technology Officer Enso Li also presented AI Core at the Energy Security & Efficiency Theatre, demonstrating how standardized modules and factory prefabrication can accelerate data center deployment.

Alongside these industry discussions, EPG continued to strengthen its global partnerships. The company signed cooperation agreements with international industry partners across AI data center planning, construction and delivery. These collaborations will support the development of next-generation data center infrastructure, broaden EPG’s ecosystem across the Asia-Pacific and expand its presence in global markets.

Complementing these industry engagements, EPG showcased its AI Core and Edge POD solutions across its exhibition space, welcoming visitors to explore its modular infrastructure offerings. AI Core takes a prefabricated, modular approach to AI infrastructure, integrating standardized power, cooling and other critical infrastructure modules to simplify deployment and enable flexible expansion as compute requirements grow. Built on this modular approach, EPG’s E Series offers configurable solutions tailored to different project requirements. One of its offerings, Edge POD, is an all-in-one solution for distributed computing environments where power availability and deployment speed are critical. Designed for 1–10 MW applications, Edge POD supports rapid deployment, low-latency computing and distributed redundancy.

EPG’s joint venture, MagPro, also introduced its new magnetic levitation chiller platform, AeroLev 1850. The 1.85 MW-class, air-cooled, magnetic-bearing chiller platform is designed for next-generation AI data centers in water-scarce, high-ambient environments, with chilled-water outlet temperatures of up to 45°C. Its cooling-tower-free architecture combines oil-free magnetic-levitation technology with intelligent controls to deliver efficient, reliable cooling while reducing water consumption.

The launch of AeroLev 1850 marks a strategic milestone in EPG’s global cooling technology roadmap. Established in May 2026, MagPro brings together EPG’s data center engineering and global delivery expertise with CIGU’s magnetic-levitation technology and R&D capabilities. The partnership expands EPG’s portfolio into advanced cooling to address the demands of high-density AI computing while reducing reliance on water-intensive cooling systems.

“AI computing is reshaping the infrastructure requirements of data centers,” said Alick Wan, Founder and Chairman of EPG. “Our focus extends beyond individual technological breakthroughs. By combining modular and standardized solutions with global delivery capabilities, we aim to help customers deploy and scale computing infrastructure efficiently across markets. We will continue working with global partners to build more efficient and resilient infrastructure for the next generation of digital growth.”

Looking ahead, EPG will continue to evolve its solutions and strengthen its capabilities to meet the changing demands of the data center industry.

Learn more: https://www.epg-module.com/

CONTACT: communications@epg-module.com

About EPG

EPG is a prefabricated modular data center infrastructure provider, powered by R&D centers in Singapore, Malaysia, and Shanghai, as well as six advanced manufacturing hubs in Malaysia and China. With over 20 years of engineering expertise, it has a workforce of more than 1,600 employees, including nearly 300 researchers and experienced engineers in its R&D and technical team. Through continuous technological innovation and a scalable delivery system, EPG delivers  integrated and efficient data center solutions for hyperscale, cloud, and enterprise deployments across APAC, EMEA, and other global markets.

About MagPro (Nanjing CIPU Technology Co., Ltd.)

MagPro is a joint venture between CIGU Technology Corp. Ltd. and EPG Data Technology (Shanghai) Co., Ltd., specializing in the research, development, and production of reliable, energy-efficient cooling and air-conditioning systems for AI data centers, cloud, and hyperscales. MagPro operates a more than 6,000-square-meter production base and two air-cooled laboratories, supporting testing of air-cooled units up to 2,000 kW.

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SOURCE EPG Global Technology (Shanghai) Co., Ltd.

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