Aug 28, 2007 0
Supply Chain Software Once Again Hot Sector – Part 1
Supply Chain Software Once Again Hot Sector reports Investors Business Daily (IBD) in last Friday’s edition of their business rag. They report:
The supply chain gang is back in business.
Makers of supply chain management software fought a rough spending climate as tech budgets froze in the early 2000s.
But over the past year, many of these companies have come back with solid growth and higher stock prices.
Some firms such as Manhattan Associates, JDA Software Group, Logility and Red Prairie,
have recorded double-digit revenue growth in the past year. That compares with a 7% growth rate for all software.
The funny thing is that I had been looking for a job late last year and early this year, not really looking but I was knowledgeable about the state of the Supply Chain software hiring phenomenon. And I did note that these companies and others were expanding their employment base, first a trickle and then much more than a trickle. Its good to know that there was a "real" story behind that uptick.
However, some of this makes little sense:
Several factors sparked the rebound. Manufacturers and retailers face stiff global competition, so their supply chains are more important.