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Supply Chain Tech M&A is Just Getting Started in Retail
Retail companies are increasingly turning to supply chain technology mergers and acquisitions (M&A) to enhance their operations and improve efficiency. The adoption of modern, data-driven software is crucial for retailers with complex global supply chains, and this has accelerated the digital transformation in the industry. Legacy technology and the need to build agile and resilient supply chains are also driving M&A activity in the supply chain and logistics software sector. The surge in online shopping has put warehouses under significant pressure, making warehouse management systems vital. Strategic buyers, such as large multinational retailers like IKEA, are entering the market and seeking to acquire software providers to gain greater control over their supply chains.
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