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Showing posts with the label Supply Chain Solutions Industry

Supply Chain Solutions Industry To Grow Substantially At A CAGR Of 15.00% From 2022 To 2030

  The global supply chain solutions industry size reached USD 20.42 billion in 2022 and will witness a healthy CAGR of 15.0% during the forecast period 2023-2030, according to the " Supply Chain Solutions Industry Data Book, 2023 – 2030 ," published by Grand View Research. The rising adoption of the cloud for smart manufacturing operations and penetration of digital platforms have played a vital role in streamlining the supply chain. The advent of Industry 4.0, cloud computing, IoT connectivity, AI and analytics has enhanced the operational efficiency of products and factories. Stakeholders are likely to seek an organic approach to tap the potential to boost the agility of the supply chains. Innovators have exhibited traction for automation, AI and analytics to overcome supply chain uncertainties, including inflation, geopolitical events, component shortages, unanticipated demand surge and climate change. State-of-the-art technologies can call forth innovations and invest...

Supply Chain Solutions Industry Is Expected To Expand At A CAGR Of 15.00% During 2023 To 2030

  Supply Chain Solutions Industry Data Book Covers Supply Chain Analytics, Procurement as a Service And Vendor Risk Management Markets. The global   supply chain solutions industry  size was estimated at USD 20.42 billion in 2022. The market is expected to expand at a CAGR of 15.0% CAGR (2023-2030). Supply Chain Analytics Market Report Highlights The global supply chain analytics market was valued at USD 6.12 billion in 2022, and it is anticipated to be valued at USD 22.46 billion by 2030, with a CAGR of 17.8% from 2023 to 2030. In terms of solution, the sales & operations analytics segment is anticipated to register considerable growth over the forecast period. This growth can be attributed growing use of machine learning in supply chain analytics solution is an emerging trend. It is used to dissect and aggregate data and produce predictive, descriptive, and prescriptive insights. These insights enable supply chain managers to make better decisions In terms of servic...