Supply Chain Sales Recruiters

Analytics, Demand Forecasting, and Reports

The market for supply chain analytics solutions is presently about $6 billion. By 2030 this amount should increase to approximately $25 billion as numerous small and medium sized businesses increase usage and those already using SCM reporting software seek improved and expanded offerings.

Asset/Inventory Management

Operations, costs, maintenance, hardware, and software are all essential components of a modern SCM system. Current projections show that more than 50% of businesses will soon be implementing IoT products for the first time or increasing their current usage thus highly effective and efficient asset and inventory management systems will be in high demand.

Collaboration

The current Supply Chain Collaboration Networks market is presently at the $3 billion mark. This number should fairly easily eclipse $10 billion by 2027 given growth factors that include digital data transformation demand, improvements in cloud architecture, and the proliferation of real-time tools.

Compliance and Auditing/Supplier Management

From ethics to environmental and partner compliance, this component of supply chain management has received increased interest in recent years due to customer demands and expanded usage of outsourcing. The market for this component of the supply chain management system is expanding at a rate of about 15% each year and should reach a total of around $25 billion by 2030.

Freight Handling/Shipping Status/Alerts

This market has reached a present-day figure of about $190 billion, and this amount should fairly easily increase to $220 billion by 2026 given current projection of implementation figures. International trade is a strong factor in this growth as are improved systems that lower costs and new platforms that allow shippers to maximize space usage.

Procurement/Bid and Spend

Current world procurement market numbers run about $6 billion. As demand increases for more digital-centered products and greater agility and collaboration across the spectrum, this amount will more than likely move upward to almost $10 billion by 2024.

Production

A number of companies are offering supply chain production management software solutions that are very effectively improving all processes across the board in this facet of business operations.

Warehouse Management/Order Processing

WMS products are about a $3 billion market in 2022, and this will expand to a projected $12 billion by 2030 as verticals including healthcare, retail, and manufacturing seek ways to improve efficiency in order to meet ever increasing consumer demand.