Key Players Offering Warehouse Management System Solutions to Acquire Startups to Increase Business Scope

Published By : 13 Sep 2016 | Published By : QYRESEARCH

Growing need of labor to manage warehouse activities led to the demand for warehouse management systems. Currently, the warehouse management systems market is one of the prime markets in the global technology and media industry. Since its introduction, warehouse management systems have been benefiting many industries, in many ways. Now, to increase the scope of their business and to maintain their dominance, key companies operating in the global warehouse management systems market are aiming to acquire the startup companies. 

Key warehouse management system service providers are helping leading organizations operating in various industries to better manage their warehouse activities. Recently, Oracle was in the news when the company decided to buy a warehouse management application company, LogFire. The LogFire team, through the amalgamation, aims to create warehouse management application for Oracle’s SCM Cloud to boost its supply chain management offerings. 

This news has boosted many other organizations to avail latest warehouse management system services from key companies. 

What are the factors driving the demand for warehouse management systems?

  • The demand for innovative warehouse management systems is growing in third party logistics application and in the retail industry. 
  • The demand for warehouse management service and software is increasing in many regions across the globe.
  • Key companies are focusing on introducing new cloud-based software and on-premise software as per the needs of customers.
  • The demand for customized services such as consulting, operations and maintenance, and system integration is increasing across the globe.

Advent of Cloud-based systems to benefit warehouse management systems

The advent of cloud-based systems has benefited many organizations operating in various industries. By implementing cloud technologies in warehouse management systems, key players are able to add new features to the systems. Cloud-based warehouse management systems have simplified various warehouse management activities such as labor management systems, yard management, and 3PL billing. 

The increasing application of warehouse management systems in pharmaceutical, electronics, retail, and food and beverages industry is predicted to propel the global market in the years to come. 

Key companies including HighJump Software, Infor Inc., LogFire Inc., Manhattan Associates Inc., and Oracle Corporation are concentrating on introducing customized warehouse management systems to meet the changing trends.

 

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