It is difficult for large multi-billion dollar markets to grow rapidly, but the Supply Chain Execution market will achieve that feat, according to ARC Advisory Group. Supply Chain Execution includes Collaborative Production Management for Process (CPM-P) and Discrete (CPM-D) industries, Transportation Management Systems (TMS), and Warehouse Management Systems (WMS). The worldwide market for SCE is expected to grow at a compounded annual growth rate of 9.9 percent over the next five years, according to a new ARC study. The market was $4.6bn in 2006 and is forecasted to be over $7.4bn in 2011. "It is surprising how fragmented this market remains," writes Steve Banker, service director for supply chain management at the research group. "There are over 250 suppliers. In 2006, the top 10 suppliers' shares of the total market had barely changed from 2003, despite the fact that virtually all of the top 10 suppliers had made SCE acquisitions." Banker is one of the principal authors of Supply Chain Execution Worldwide Outlook: Market Analysis and Forecast Through 2011.
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