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November 2026
Largest Supply Chain Management Software Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Manhattan Associates, Descartes Systems Group, Ingram Micro, Kinaxis and Wuchan Zhongda Group Co.
 | Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide. | $253 | +43% | $15B | $15B | 13.4x | 50.5x | ||
 | Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model. | $95 | +15% | $8.1B | $7.7B | 10.6x | 25.2x | ||
| Ingram Micro Holding Corp is a technology company for the global information technology ecosystem. The company plays a vital role in the IT sales channel, bringing products and services from technology manufacturers and cloud providers to business-to-business technology experts. The company also provide a broad range of technology services, including financing, specialized marketing, and lifecycle management, as well as technical pre- and post-sales professional support. | $25 | +19% | $5.8B | $9.2B | 0.2x | 8.2x | ||
| Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Romania, Mexico, Singapore, France, Ireland, Germany, India, and Canada, and a majority of the revenue comes from the United States. | $147 | +18% | $4B | $3.7B | 6.8x | 36.4x | ||
 | Wuchan Zhongda Group Co Ltd is engaged in industrial investment, equity investment, asset management, investment management, management consulting, information consulting services. It is also engaged in car sales and leasing, e-commerce technology services, used car transactions and services. | $1 | +1% | $4B | $12B | 0.1x | 8.2x | ||
| Jiangsu Hoperun Software Co Ltd provides software outsourcing services for professional fields. Its main products include supply chain management software, intelligent terminal embedded software, and smart grid IT software outsourcing services. | $5 | -36% | $3.7B | $3.9B | 6.5x | 91.6x | ||
| SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. The company has one operating segment Supply Chain Management Solutions, that derives revenues from customers by providing access to cloud-based supply chain management services, primarily under subscription-based service arrangements. | $82 | -2% | $2.9B | $2.7B | 3.6x | 15.0x | ||
| Xiamen Xiangyu Co Ltd provides supply chain and circulation services in the People's Republic of China. It supplies plastic chemicals, agricultural products, metallic ores, forest products, and mechanical and electrical products. The company also offers various integrated logistics services comprising the international purchase and distribution, international multimodal transport, domestic door-to-door logistics and financial logistics. | $1 | -20% | $2.6B | $6.6B | 0.1x | 12.6x | ||
| GigaCloud Technology Inc provides end-to-end and B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which is referred to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia with resellers in the U.S., Asia, and Europe to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price. It earns the majority of its revenue from the United States. | $58 | +57% | $2.1B | $2.1B | 1.7x | 13.5x | ||
 | Infomart Corp is a Japan-based provider of business-to-business e-commerce software solutions. The firm's operations are organized in six segments: Application Service Provider (ASP) Ordering, which offers ordering systems and online document processing services; ASP Written Standards, which uploads written standards online; ASP Negotiation for groupware; ASP Ordering and Operation for food wholesale companies; Cloud Service, which offers a data delivery system for food wholesale companies; and Overseas, which offers solutions to overseas markets. | $5 | +102% | $1.2B | $1.1B | 9.5x | 36.8x | ||
| GuoChuang Software Co Ltd provides data intelligence products and services. It mainly operates three business segments: digital applications, digital products, and digital operations. The Digital applications segment provides data intelligence industry software products and IT solutions and services to customers in industries such as operators, energy, transportation, government, and enterprises. The Digital products segment is engaged in developing and applying Battery Management Systems, energy storage BEMS, smart energy storage systems, assisted driving and autonomous driving domain controllers, and other integrated hardware and software data intelligent products; and the Digital operations segment builds and operates a smart logistics cloud platform. | $3 | -37% | $924M | $996M | 4.5x | (56.9x) | ||
| New Trend International Logis-tech Co Ltd provides logistics system integration services. It provides warehousing, distribution and logistics automation systems and services. It offers logistics software, including warehouse control system, warehouse management system, data acquisition, and monitoring system, logistics management integration platform, transportation management system, and picking management system. It provides production planning, design, system integration, software development, equipment customization; and after-sales service, and a series of services. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries. | $1 | -5% | $729M | $594M | 1.7x | 14.2x | ||
| KSEC Intelligent Technology Co Ltd is engaged in the planning, research and development, design, production, implementation, operation, and maintenance of intelligent logistics and intelligent production lines. | $3 | -6% | $626M | $570M | 1.9x | (61.5x) | ||
| Huitongda Network Co Ltd is engaged in the sales of a comprehensive suite of merchandise in the PRC and the provision of intelligent business and marketing subscription services, offering merchant solutions and rendering other various related services. Its business lines are the Commerce business, which mainly includes direct sales and provision of marketplace service that enables merchants to sell their products to transacting users through the online platform, and the service business segment, which mainly represents the provision of intelligent business and marketing SaaS+ subscription service and a collection of merchant solutions. It generates a majority of its revenue from the Commerce business. | $1 | -34% | $479M | $11M | 0.0x | 0.1x | ||
| Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use, and order management. It also provides related consulting, education, and support services. The company serves healthcare systems, services parts, third-party logistics, retail, and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada, Europe, and other regions. | $26 | +4% | $380M | $359M | 2.6x | 42.0x | ||
 | Stockholm Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently. | $7 | -- | $351M | $351M | ||||
 | Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales. | $2 | -33% | $229M | $208M | ||||
| ReposiTrak Inc is a software-as-a-service (SaaS) company based in Murray, Utah, specializing in supply chain management solutions for retailers, suppliers, and wholesalers, prominently in the food industry. The company offers three main product suites: ReposiTrak Compliance Management, ReposiTrak Traceability Network, and ReposiTrak Supply Chain Solutions. These platforms help customers comply with food safety regulations, manage supplier compliance documentation, trace products through the supply chain, and optimize supply chain operations. The company derives revenue from five sources: (i) subscription fees, (ii) transaction-based fees, (iii) professional services fees, (iv) license fees, and (v) hosting and maintenance fees. | $7 | -50% | $123M | $96M | ||||
 | Emro Inc provides purchase and supply management solutions under the business ecosystem. The company's solutions and services include SMARTsuite, SMARTframework, Consulting and Data Management and others. | $9 | -65% | $113M | $94M | ||||
 | Unicommerce eSolutions Ltd is engaged in the business of providing a range of Software Services, more specifically known in the IT (Information Technology) field as Software as a Service (SaaS), relating to Supply chain management. It provides solutions that consist of Warehouse Management System, Direct Customer (D2C), Omni-Channel Retail Management, Inventory Management System, UniShip Logistics Tracking & Returns, Uniware Mobile App, Multichannel Order Management System, UniReco Payment Reconciliation, Shipping Integration, Seller Management Panel System, Dashboard & Reports, and Marketplace Integration. Geographically, it generates the majority of its revenue within India. | $1 | -37% | $101M | $91M | ||||
 | Arab Sea Information System Co is a Saudi Arabia-based company that specializes in the production of software for small, medium, and large businesses and offers information systems and solutions for government institutions and IT sectors. The company's business activities are the Installation and extension of computer and communication networks, Retail sale of computers and its accessories, including (printers and their inks) and Operating systems. | $1 | -14% | $100M | $115M | ||||
| Opter AB is a modern transport management system for the entire process from orders and transport planning to invoicing and settlement. | $9 | -9% | $56M | $54M | ||||
| Logory Logistics Technology Co Ltd is a full-link digital freight service provider in China. The company provides a series of digital freight services and solutions for all participants in the freight industry such as logistics companies and cargo owners, as well as truckers in both inter-city and intra-city road freight transportation. | $0 | -61% | $48M | $25M | ||||
 | Shelfie-Tech Ltd is engaged in utilizing AI and robotics to enhance store management and streamline workflows. The company's robotic retail shelf monitoring system uses machine learning and image processing algorithms to automatically optimize inventory management and retail store shelf filling while ensuring an enhanced customer experience. | $1 | -8% | $28M | $27M | ||||
| Minehub Technologies Inc is a technology company engaged in the development and operation of a digital supply chain platform for the commodity markets. The company generates revenue from software as a service and Professional services. | $0 | -66% | $25M | $24M | ||||
 | TradeWindow is an Auckland digital trade company listed on the NZX since November 2021 under the ticker TWL. Its Cube platform and related products give exporters, importers, freight forwarders and customs brokers tools for export documentation, certificates of origin, freight quotation and customs clearance, and connect commercial, financial, logistics and government data across supply chains. It grew by acquiring Prodoc's export documentation software, a controlling stake in IVS Origin, FreightLegend, Cyberfreight and SpeEDI, expanded into Australia and Singapore, and was admitted to the SWIFT cooperative. In December 2020 it said its systems facilitated over 120,000 shipments a year to more than 150 countries. ASB Bank led its angel, seed, Series A and Series B rounds, including NZ$15 million in September 2021, and was then its largest shareholder with 22 per cent, ahead of chief executive AJ Smith with 17 per cent. | $0 | -62% | $11M | $9M | ||||
 | EDITEL is a provider of electronic data interchange (EDI) and e-invoicing solutions with offices in several countries. Through one connection, customers exchange business documents such as orders, delivery notes and invoices with partners in different countries. | $2 | +7% | $5M | $4M | ||||
| Shipwaves Online is an Indian logistics technology company that operates a digital freight forwarding platform and sells enterprise software for shipment management. Shippers use the platform to obtain instant ocean and air freight quotes with itemised charges, book shipments, track cargo in real time and handle documentation, and can add marine insurance, trade finance and customs clearance. Its enterprise software covers order management, rate procurement and shipment management, offered over the cloud or integrated with a customer's ERP system. The company describes itself as Asia's first digital freight forwarder. It was incorporated in 2015 and is headquartered in Mumbai, with offices in Mangalore and Dubai. It earns revenue from freight forwarding margins and from software subscriptions, and its customers are importers and exporters. It is listed on an Indian stock exchange, and a shareholder from its promoter group invested in it. | $0 | -- | $5M | $7M | ||||
 | Acteos is engaged in providing software services in the field of supply chain management and mobile solutions. | $1 | -27% | $3M | $5M | ||||
| CID Holdco Inc helps businesses digitally transform their operations using IoT and AI technology. Its main focus includes areas such as Industrial IoT, Indoor & Outdoor tracking with seamless transitions, Passive RFID (including Bluetooth and 5G), Collision Avoidance, real-time locating system, Dolly Management, and related supported software applications. The company is the developer of an asset tracking platform intended to push the limits of real-time precision-based location technology. Through its technological solutions, the Company serves multiple industries including Aviation, Construction, Delivery, Military, Mining, Retail, Sea Ports, Medical Logistics, Warehousing and Manufacturing. | $1 | -98% | $3M | $4M | ||||
 | Q-SOFT Verwaltungs AG is a German based company. It provides IT services in the field of waste management. The company designs software for waste management and develops IT solutions focusing on network technology. | $2 | -22% | $2M | $6M | ||||
| TrustBIX Inc goal is to create a world where trust more, waste less and reward sustainable behaviour by addressing consumer and agri-food business demands. The company's segments are: ViewTrak, the development and sale of information solutions for the livestock industry and related services; BIX, which leverages blockchain derived technology and incentive solutions to deliver independent validation of food provenance and sustainable production practices within the agri-food supply chain; and AFS, which holds the exclusive Alberta territory license for a Controlled Environment Agriculture vertical indoor farming solution. Geographically, it operates in Canada, United States and Other countries. | $0 | -- | $496K | $1M | ||||
 | Nuvini is a Brazilian holding company, listed on Nasdaq as NVNI through Nvni Group Limited, that acquires and operates business-to-business software companies in Latin America. It describes itself as the region's leading serial acquirer of B2B SaaS businesses and offers founders an exit path while they keep growing their companies inside the group. Its portfolio of seven companies includes Datahub, Effecti, Leadlovers, Ipe Digital, ONCLICK, Mercos and Munddi. The group is headquartered in Sao Paulo and was co-founded by Pierre Schurmann, who serves as chief executive and chairman. For fiscal 2024 it reported net revenue of BRL 193 million with an EBITDA margin of 26.4 percent. In April 2026 it agreed to buy a 51 percent controlling stake in the American business of Beyondsoft Corporation. | $0 | -99% | $489K | $10M | ||||
| Median | $2 | -17% | $229M | $115M | 1.8x | 8.2x |
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