IS427:AY1314T1 Europe (G1) - Organizations: Lille: Vekia

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The Company

• Lille based start-up, founded in 2008
• Supply chain management software company providing 4 products
• Vekia SAS designs and develops predictive management software for the trade and distribution industry
• Provides solutions in the areas of food distribution, retail, online selling, and outside distribution

Products/Services

• ProBuy: Manage workflow
• Vekia Plan: Forecasting and planning functionalities
• Provisia: Optimise inventory management
• ProOrder: Prediction and calculation of potential sales

SWOT Analysis

Strength:

• Strong technical background
• Excellent understanding of business areas: Xerox and Computer Assoc.
• Dual software and consultancy services

Weakness:

• Each function in a different software

Opportunities:

• Expand: Accounting management
• Expand: Transport management
• Expand: On-the-go tracking of supplies
• Growing business opportunities in Asia

Threats:

• Many competitors in Europe and Asia
• Established market leader in business solution software

Industry Analysis

• Worldwide Supply Chain Management Software Market Grew 7.1 Percent to Reach $8.3 Billion in 2012 – Gartner, 2013
• Supply chain remains a key source of competitive advantage in driving business growth objectives. – Gartner, 2013
• North America and Western Europe continue to be the prime consumers of SCM software. However, Western European growth slowed, and Asia/Pacific continued to experience robust growth, reflecting a shift toward investment in technology in emerging-market manufacturing centers. – Gartner, 2013

Competitor Analysis: Singapore

Presentation Slides

You can download our Vekia Company Presentation Slides here.