The global credit crunch and economic slowdown is expected to create some impact on purchases of supply chain software solutions by both shippers and logistics providers this year. That trend is borne out by the Q3 2008 financial results of Germany-headquartered software (and related services) giant SAP and supported by disappointing performances earlier this year from two other major logistics IT companies – Manhattan Associates and Kewill Systems. SAP expects its Q3 2008 revenues to be in the range of €1.97-1.98bn, an increase of 13-14% compared to the same period last year. Manhattan Associates reported a disappointing Q2 2008. The company’s consolidated revenue increased by just 1%, compared to Q2 2007, to $90.5m.
