Logistics Execution System (LES) Market, by Solution (Inventory Management, Warehouse Management and Transportation Mana

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2. LOGISTICS EXECUTION SYSTEM (LES) MARKET ANALYSIS Logistics Execution System (LES) Market, by Solution (Inventory Management, Warehouse Management and Transportation Management), by Product Type (Services [Managed Services and Consultation] and Software), Enterprise Size (SME and Large Organizations), by End-use Industry (3rd Party Logistics, Manufacturing , Healthcare, E-commerce, Food & Beverages and Others) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2019–2027

3. Market Insight The Logistics Execution System (LES) is a major component of supply chain management and comes under the umbrella of Digital Enterprise. The LES software tool allows an administrator to monitor and update the entire flow of materials in real-time. Moreover, logistic execution software also helps the administrator to efficiently manage the information of materials and processes in all stages of the supply chain, from procuring raw material to delivering the finished products.

4. Technological advancements  • Machine intelligence enables machines to learn and independently make decisions based on real-time data gathered from IoT sensor network. Companies are developing smart LES with application of artificial intelligence which has certain intelligent capabilities that help LES achieve real-time analysis and independent decision making. For instance, SAP’s C/4 HANA has new Artificial Intelligence capabilities to deploy intelligent decision making capabilities to the system.

5. High Potential in Emerging Economies of Asia Pacific Region across Transportation and Logistics Industry Asia Pacific region is estimated to hold a dominant position in the global logistics execution system market in 2019, and is projected to retain its dominance throughout the forecast period. This is due to growing industrialization and urbanization in emerging economies in Asia Pacific such as China and India which is driven by availability of low-wage labor and low manufacturing costs. The highest share of Asia Pacific in global logistics market is attributed to the above factors, and the regional market is followed by North America and Europe.

6. Logistics Execution System Market Taxonomy On the basis of Region, the global logistics execution system market is segmented into: • North America • Europe • Asia Pacific • Latin America • Middle East & Africa Major players operating in the global logistics execution system market are SAP, Dassault Systems, Oracle, ITC Infotech, CCP Global, SBP Consulting, Aimtec, SILVEO, Westernacher Consulting, INCONSO GmbH, Neusoft Corp, CMAC Inc. and TRIACOS.

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