"Smart Strategies, Giving Speed to your Growth Trajectory"

Supply Chain Risk Management Market Size, Share & Industry Analysis, By Component (Software, Services), By Risk Type (Operational Risks, Disruptive Risks), By Industry (Manufacturing, Retail, Chemical, Consumer Packaged Goods, Automotive) and regional Forecast, 2024-2032

Region :Global | Report ID: FBI103757 | Status : Ongoing

 

KEY MARKET INSIGHTS

Supply chain risks is undesirable and probabilistic situation in supply or logistic network, which led the organization to unexpected risk of losses. Supply chain risks occur due to interruptions in the flow or supply of products. It is necessary to ensure the supply chain continuity and reduce vulnerability by implementing a strategic risk management solution. Although, long-lasting supply chains are certainly causing to undergo disruptions with the transformation of the global business network. Thus, organizations are adopting SCRM solution to stand with such a dramatic transformation. To provide loss mitigation and supply chain resilience if risk events do occur, organizations are highly demanding supply chain risk management (SCRM) solutions. 


Growing natural disasters, the financial crisis enforces supply chain managers to review their supply chain footprints and strategies, that drive the SCRM market demand.COVID-19 global pandemic forces almost all industries to reassess and transform their global supply chain model. Thereby, the demand for supply chain risk management solutions is anticipated to grow in the future. Additionally, geopolitical ambivalence accelerating the demand for supply chain visibility and assessment. Economic uncertainty and structural changes  in organization brought vulnerability of long-lasting supply chain, resulted growth in the adoption of SCRM solution. Changing trade policies owing to international trade war like trade war between the US and China, impacting the supply chain significantly at suppliers as well as the customer side. So, changing a trade policies are likely to propel the demand for supply chain risk management solutions in the coming years.

Up Arrow

Key Market Driver -

• Increasing trade wars like trade war between United States and China affecting global supply chains, drives SCRM demand • Growing natural disatsers will likely to drive the market

Down Arrow

Key Market Restraint -

• Lack of awareness and knowledge will restrain the SCRM adoption


Key Players Covered:


Key players are focussing on expanding their business worldwide through strategic partnerships and collaborations. Industry-oriented and custom risk management service offerings are the key strategy adopted by players to strengthen their market position. For instance, in February 2019, BROWZ LLC and Avetta, LLC collaborated to provide supply chain risk management solutions to their customers through software as a service (SaaS)  platform. Although, several key players enhancing their risk assessment and management platform by leveraging advanced machine learning (ML), cloud computing, and natural language processing (NLP) technologies. In September 2017, DHL international gmbh launched an advanced Resilience360 module to provide deep insights by restructuring and consolidating data from existing modules.

Some of the players present in the market are  Ariba Inc., CURA Software Solutions., GEP, LogicManager, Inc., MARSH B.V., MetricStream Inc., DHL International GmbH., CAMELOT Management Consultants AG, The AnyLogic Company, Coupa Software Inc. among others.

Regional Analysis:


The global trade war between the United States and other leading countries like China are continuously impacting the U.S manufacturing industry supply chain. For instance, China has already enforced tariffs on several US drinks and food exports and threatened further retribution against products such as aircraft, soybeans, and cars. Thus, trade wars encouraging the demand for SCRM market across North America. Also, the presence of a large number of businesses and retailers adopting SCRM solution to strengthen their global supply and logistic network. In this manner, North America is dominating the SCRM market growth. Besides, the geographical expansion of businesses led organizations to reassess their existing supply chain and logistic network. The necessity of managing the safety during this reassessment of the supply chain is expected to drive the SCRM market across North America. Europe is also expected to drive the market growth with growing economical uncertainties and cyber-attacks and data breaches across the region. Also, trade frictions like the United Kingdom leave Europe impacted the global supply chain, resulting in growing demand for SCRM.

Asia-Pacific is expected to increase the adoption of supply chain risk management platform in the coming years. The region is focussing on the trade flows, logistic market, and economical instability of developing counties, which is expecting to augment the adoption of the SCRM platform. Additionally, countries with developing economies like India, Australia, Singapore are also directing their approach to strengthen their global supply chain network. Thereby, Asia-Pacific is anticipated to booming the market in the future.

The developing supply chain and logistics networks in the Middle East and Africa as well as Latin America will be projected to witness an average growth rate for the market. 

To gain extensive insights into the market, Request for Customization


Segmentation


























 ATTRIBUTE

  DETAILS

By Component

 



  • Software

  • Services



By Risk Type



  • Operational Risks

  • Disruptive Risks



By Industry



  • Manufacturing

  • Retail

  • Chemical

  • Consumer Packaged Goods

  • Automotive

  • Healthcare and Life Sciences

  • Food and Beverages

  • Public Sector

  • Others (Government, Energy, etc.)



By Geography



  • North America (the U.S., and Canada)

  • Europe (the U.K., Germany, France, Scandinavia, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico, and Rest of Latin America)



Key Industry Developments



  • May 2019: Avetta, LLC. launched supply chain risk management platform. The platform is expected to improve safety and compliace by offering customized analytical dashbords and visualizing platform.   

  • July 2019: Japan based credit reporting agency, Tokyo Shoko Research, Ltd. has signed an agreement with Ariba Inc. to empower its supply chain risk mitigation platform. The agreement will enable Ariba Inc. to augment its SAP Ariba supplier risk solution by accessing data of 8.4 million Japanese companies. 





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Information & Technology Clients
Toshiba
Bain & Company
Lg
huawei
Lek
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X