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Procurement Market Intelligence Report
Supply Chain Management Software
Sourcing Guide & Market Trends
Comprehensive intelligence for making smart purchasing decisions
Learn about actual and potential costs
How much should I pay for Supply Chain Management Software?
What is the average price of Supply Chain Management Software?
This procurement report includes pricing information to help you purchase Supply Chain Management Software. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Supply Chain Management Software been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Supply Chain Management Software yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Supply Chain Management Software?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Supply Chain Management Software with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
The SCM software market exhibits a moderate degree of market share concentration, with the top four vendors accounting for between 30.0% and 50.0% of market revenue in 2020. Large-scale buyers looking for a comprehensive supply chain management solution will only have a few suppliers to choose from; thus, their negotiation... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Employees
How do you recruit and retain senior staff?
How do you keep your wage costs under control?
Do you have trouble with employee turnover?
What are the various stages of your hiring process?
Technology
What software improvements are you currently planning?
What new features and functionalities have you added in the past three years? What improvements have your customers requested most frequently?
How often do you perform software maintenance? Will my service be disrupted during maintenance and, if so, how much notice will you give?
What percentage of your customers is using the most current release of your software?
How frequently do you update software to reflect logistical obstacles (i.e. road closures) brought about by the proliferation of the coronavirus?
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Key elements for every RFP
What should my RFP include?
Project Budget
Buyers should specify their budget for the SCM software.
Buyers should include details about per-user spending expectations.
Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance with creating a budget.
Selection Criteria
Buyers should evaluate potential vendors based on their ability to meet the functional requirements described in the RFP.
Buyers should evaluate potential vendors based on their abilities to provide a superior level of customer service.
Buyers should evaluate potential vendors based on their abilities to provide regular enhancements and upgrades.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Project Schedule
Buyers must include the date when proposals are due and when the contract award will be announced.
Buyers should include key benchmark dates, such as a demonstration seminar.
Buyers should outline the terms of the contract and their cancellation policy.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The SCM market has a low level of supply chain risk. The development of SCM software relies on labor, the supply of which is growing and is therefore unlikely to lead to service interruptions. The production of software does rely on some inputs, namely computing hardware and software. While heavy... Subscribe to learn more.