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

Vekia Competitor Analysis.png

Presentation Slides

You can download our Vekia Company Presentation Slides here.

References

  1. chinabusinessreview (2009). Supply Chain Actions to Improve China Sourcing, chinabusinessreview. [Online] Available from: http://www.chinabusinessreview.com/supply-chain-actions-to-improve-china-sourcing/ [Retrieved on 24102013].
  2. highjump (2013). China Continues to Demand Supply Chain Management Technology, highjump. [Online] Available from: http://www.highjump.com/blog/geeks-at-heart/china-continues-to-demand-supply-chain-management-technology [Retrieved on 24102013].