The global supply chain analytics market is expected to reach $9.87 billion by 2025, according to a new study by Grand View Research, Inc.
Consumers are driving this growth by demanding supply chains that perform faster and more efficiently. These consumer demands coupled with other factors such as shortened product life cycles, low supply chain visibility, ineffective supplier networks, elevated warehousing costs, redundant forecasts, and fluctuating customer demands are stressing supply chains and requiring them to be optimized.
Continue reading on the MHI blog.