target audience: TECH BUYER Publication date: Nov 2024 - Document type: IDC MarketScape - Doc Document number: # US51047123
IDC MarketScape: Worldwide Supply Chain Planning for Life Sciences Industries 2024 Vendor Assessment
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Abstract
This IDC study uses the IDC MarketScape model to provide an assessment of 13 providers participating in the worldwide supply chain planning market for life sciences industries. The IDC MarketScape is an evaluation based on a comprehensive framework and a set of parameters that assesses providers relative to one another and to those factors expected to be most conducive to success in a given market during both the short term and the long term.
“Supply chain planning is a critical capability in a resilient life sciences supply chain. The ability to pair an accurate demand forecast to a credible supply-side plan, while optimizing necessary inventory positions, and then agreeing to a consensus plan through S&OP are all critical components in managing an efficient and effective supply chain,” says Eric Thompson, research director, IDC Manufacturing Insight’s Global Supply Chain Planning.