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Logistics Execution System (LES) Market Growth, Overview with Detailed Analysis 2019-2027

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.

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Logistics Execution System (LES) Market Growth, Overview with Detailed Analysis 2019-2027

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  1. Logistics Execution System (LES) Market Growth, Overview with Detailed Analysis 2019-2027 Overview 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. Furthermore, this system is also capable of monitoring the material which is in process along with the material in warehouses, thus improving inventory management and reducing the operational costs. Owing to this, companies are rapidly adopting LES systems which is expected to drive the market growth. For instance, according to Coherent Market Insights, adoption of digital Supply Chain Management tools such as LES reduces operational costs by 30%. Furthermore, various companies are transforming their supply chain by developing their own logistic execution system as per their requirement. Every organization has unique LES requirements depending on their operational workflow, which will also help the LES market to grow during the forecast period. For instance, Mahindra Logistics Ltd has developed their own in-house Logistics Execution System called Mahindra Integrated Logistics Execution System (MILES) based on Oracle Transportation Management (OTM) which helps them to manage their logistics business effectively. Request Sample Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-sample/3395 Market Dynamics On the basis of region, the global logistics execution system market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. 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. The expanding logistics market in Asia Pacific poses a high growth potential for the logistics execution system market in the region. For instance, according to Indian Brand Equity Form (IBEF), in 2018, the Indian logistic sector was valued at US$ 160 billion and is expected to touch US$ 215 billion in the next two years according to the Economic Survey 2017-18. decision making. For instance, SAP’s C/4 HANA has new Artificial Intelligence capabilities to deploy intelligent decision making capabilities to the system. Logistics Execution System Market Taxonomy • On the basis of Solution, the global logistics execution system market is segmented into: oInventory Management oWarehouse Management

  2. oTransportation Management On the basis of Product Type, the global logistics execution system market is segmented into: oServices ▪ Managed Services ▪ Consulting Services • Get Request Customization Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-customization/3395 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. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com

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