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Factors such as the rising demand for effective order management, increased outsourcing of logistics and transportation operations, and the globalization of supply chain networks have spurred the use of WMS. In addition, advancements in cloud-based technologies are expected to boost WMS software adoption. The global warehouse system management market is projected to reach $6.1 billion by 2026, registering a 16.7% CAGR.
Given this backdrop, we believe two fundamentally sound warehouse management stocks, SAP SE (SAP) and Manhattan Associates Inc. (MANH), could be a great addition to one’s portfolio. Both stocks possess solid growth attributes and might witness significant upside in the coming months.
