As per SNS Insider’s research, the supply chain analytics market is poised for substantial growth due to its ability to revolutionize supply chain operations, enhance efficiency, mitigate risks, and deliver superior customer experiences. The Supply Chain Analytics Market, valued at USD 5.18 billion in 2022, is anticipated to reach USD 23.92 billion by 2030, exhibiting a compounded annual growth rate (CAGR) of 21.08% from 2023 to 2030. Supply Chain Analytics Market Overview In the dynamic and interconnected realm of modern commerce, supply chains serve as the lifelines that breathe vitality into industries. But within this intricate dance of raw materials, production, distribution, and consumption lies a world of data waiting to be harnessed. Enter supply chain analytics – an innovative approach that empowers organizations to unlock efficiencies, make informed decisions, and gain a competitive edge in the global marketplace. At its core, supply chain analytics is the strategic utilization of data-driven insights to optimize the various stages of the supply chain process. Market Analysis The supply chain analytics market is experiencing robust growth driven by a convergence of technological advancements, shifting market dynamics, and the increasing recognition of data-driven decision-making across industries. A

Our readers have cast their votes and the 40th Annual Quest for Quality Awards have been announced. Logistics Management's annual survey of the transportation and logistics industry has recognized the top carriers, third-party logistics providers, and U.S. ports for their excellence in service. 

African economies can become major participants in global supply chains by harnessing their vast resources of materials needed by high-technology sectors and their own growing consumer markets, the United Nations Conference on Trade and Development (UNCTAD) said in its economic development in africa report 2023 launched today in Nairobi. Supply chains encompass the systems and resources needed to develop, produce and transport goods and services from suppliers to customers.

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for its SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. This summer and through to the end of the year, Spend Matters conducted a series of interviews with procurement practitioners to gain a better understanding of their wants and needs. The interviews revealed that practitioners are increasingly looking for solutions that are more intuitive, user-friendly, and tailored to their specific needs. They are also looking for solutions that can provide greater visibility and control over their supply chain, as well as improved collaboration with suppliers. The interviews also highlighted the need for more comprehensive supplier management capabilities, such as supplier discovery, supplier information management, supplier performance management, supplier quality management, supplier relationship management, supplier risk and compliance management, and supplier sustainability management.