Warehouse management systems
[edit] Introduction
The warehouse management system (WMS) market is expected to garner $3,112 million by 2022, growing at a CAGR of 15.2% during the period 2016-2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.
WMS reduces delivery lead times and errors while processing orders.
By component type, software held the highest marketshare in 2015, and services is anticipated to show the highest growth rate. Among the various industry sectors, transportation and logistics is projected to dominate the market. However, pharmaceuticals is expected to have the fastest growth rate.
Asia-Pacific is expected to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.
[edit] Key findings
- Software is expected to exhibit a significant growth due to growth in adoption of this technology in the logistics industry.
- Transportation and logistics industry generated the highest revenue among other industry verticals due to increasing adoption of WMS.
- Europe is projected to exhibit a substantial growth during the forecast period.
- Several industry players adopt partnership and product launch as their key strategies to offer innovative products and services and solutions to attain a higher market share.
- The dominant players include Oracle Corporation, SAP SE, Infor Inc., and Manhattan Associates Inc., and others.
- Suppliers seek greater efficiency and productivity, which strengthens the supplier-customer relationships, and is a notable driver for the WMS market.
[edit] Related articles on Designing Buildings Wiki
- Call-off contract.
- Construction buyer.
- Construction consolidation centre (CCC).
- Construction inventory management.
- Construction logistics manager.
- How to manage construction plant.
- Lean construction.
- Logistics.
- Materials on site.
- Off site materials.
- Planned preventive maintenance.
- Prefabrication.
- Resource management.
- Site storage.
- Supply chain management.
- Warehouse.
Featured articles and news
Designing for neurodiversity: driving change for the better
Accessible inclusive design translated into reality.
RIBA detailed response to Grenfell Inquiry Phase 2 report
Briefing notes following its initial 4 September response.
Approved Document B: Fire Safety from March
Current and future changes with historical documentation.
A New Year, a new look for BSRIA
As phase 1 of the BSRIA Living Laboratory is completed.
A must-attend event for the architecture industry.
Caroline Gumble to step down as CIOB CEO in 2025
After transformative tenure take on a leadership role within the engineering sector.
RIDDOR and the provisional statistics for 2023 / 2024
Work related deaths; over 50 percent from constructuon and 50 percent recorded as fall from height.
Solar PV company fined for health and safety failure
Work at height not properly planned and failure to take suitable steps to prevent a fall.
The term value when assessing the viability of developments
Consultation on the compulsory purchase process, compensation reforms and potential removal of hope value.
Trees are part of the history of how places have developed.
The increasing costs of repair and remediation
Highlighted by regulator of social housing, as acceleration plan continues.
Free topic guide on mould in buildings
The new TG 26/2024 published by BSRIA.
Greater control for LAs over private rental selective licensing
A brief explanation of changes with the NRLA response.
Practice costs for architectural technologists
Salary standards and working out what you’re worth.
The Health and Safety Executive at 50
And over 200 years of Operational Safety and Health.
Thermal imaging surveys a brief intro
Thermal Imaging of Buildings; a pocket guide BG 72/2017.