Supply chain analytics market to reach US$9.8bn by 2025

By Marcus Lawrence, the world’s largest market research store, has highlighted the “Supply Chain Analytics Market Analysis Report By Enterprise..., the world’s largest market research store, has highlighted the “Supply Chain Analytics Market Analysis Report By Enterprise Size, By Service, By Deployment, By Solution, By End-use (High Technology Products, Manufacturing, Healthcare), And Segments Forecasts, 2018-2025” amongst its offering

In a press release, ResearchandMarkets said the report indicates the global supply chain analytics market is set to reach a value of US$9.68bn by 2025 at a compound annual growth rate of 16.2% over the period.

“Growing need to manage a large amount of business data and use derived insights is triggering the demand for supply chain analytics,” the statement said.

“Increasing awareness among enterprises regarding benefits offered by supply chain analytics is instrumental in accelerating the demand for analytic solutions in order to improve perceptibility levels across the entire supply chain enablers.”

See more:

ResearchandMarkets said the growth will be stimulated by the capability of analytics platforms to enhance a business’s growth and profitability whilst gaining market share through illuminating insights that drive improved strategy.

Insights can highlight ineffective factors in supply chains that negatively impact profits, product life cycles, and storage.

Greater understanding of customer demand, particularly, enables a more incisive optimization of supply chain operations, the statement said, stimulating demand for integrable analytics platforms.


Featured Articles

Diageo CPO Orozco to lead procurement at Kraft-Heinz NA

Diageo CPO Janelle Orozco takes up Chief Procurement Officer role for Heinz-Kraft North America, as food giant drives customer-focused transformation

DHL Express in Heathrow gorilla logistics triumph

DHL Express specialist logistics staff help ship Kiburi the silverback gorilla to Heathrow as part of London Zoo endangered species breeding programme

Global customs staffing issues hitting supply chains - EY

Dan Dreyfus of EY says labour shortages are impacting customs and border agencies, who are integral to the the smooth running of supply chains

Latest China Covid outbreak poses supply chain threat

Supply Chain Risk Management

Automotive suppliers ecosystem set for change - Accenture


Logistics news round-up from Europe, US & Asia