Owing to benefits such as customer centric supply chains drive profitability, increase in business efficiency through access to IoT technology, improved lead times, resilience, sustainability, mitigation of disruptions and trade instability, maximum return on investment (ROI), the global supply chain strategy and operations consulting is experiencing rapid adoption thus fostering remarkable progress in global supply chain strategy and operations consulting market.
The global Supply Chain Strategy and Operations Consulting market worth USD 65820 million by 2028, growing at a CAGR of 17.9%
Covid-19 Impact & Market Status
The emergence of the COVID 19 pandemic is hastening market dynamics that most market vertices and businesses are unfamiliar with. Market players, on the other hand, are embracing and implementing comparable reforms that will aid industries and businesses in recovering from the pandemic's consequences.
During the pandemic, the healthcare sector and the services it provided were in high demand. Other industries and marketplaces are fighting to cope with the disrupted management in order to fulfil market demand, maintain a proper flow of the desired finished goods, and prepare for expenditures that will aid strategy consulting market share growth over the forecast term. As a result, strategy consulting market trends are reappearing in both the commercial and governmental sectors. Also, while building strategic consultations, the major focuses are strategy and innovation, which will help developed market areas, dominate market operations.
This report provides a detailed overview of the Global Supply Chain Strategy and Operations Consulting Market looking at the key aspects of the Global Supply Chain Strategy and Operations Consulting Market.
Management consulting segment experienced highest market demand
The Global Supply Chain Strategy and Operations Consulting Market is classified into Strategy Consulting, Management Consulting on the basis of type. Among these, the management consulting segment experienced highest market demand and market share in Global Supply Chain Strategy and Operations Consulting Market owing to key factors such as today’s evolving business climate, customer expectations becoming increasingly diverse, complex, volatile, and continually shifting markets resulting into supply chain networks becoming more vulnerable.
Large enterprise segment accounted for substantial market growth
The Global Supply Chain Strategy and Operations Consulting Market is classified into small, medium, and large on the basis of enterprise size. Among these, the large enterprise segment accounted for substantial market growth owing to key factors such as rapid business expansion, covid-19 pandemic led economic disruption and rising uncertainties, and large enterprises taking larger steps to accelerate business supply chain and operations.
Manufacturing and e-commerce industry segment is poised for rapid growth
The Global Supply Chain Strategy and Operations Consulting Market is classified into manufacturing, automotive, e-commerce, and other on the basis of Industry. Among these, the manufacturing and e-commerce industry segment is poised for rapid growth in forecast years and accounted for highest market revenue in 2021.
North America Secured Top Position
During the projection period, which ends in 2028, the strategy consulting market forecast forecasts that the North American market would likely dominate global market activities. The North American market is dominated by players who are primarily based in the United States and Canada.
The need for adopting customer centric supply chains for driving profitability in any industry is improving the reliance on supply chain strategy and operations consulting boosting the global supply chain strategy and operations consulting market.
The factors such as today’s evolving business climate, customer expectations becoming increasingly diverse, complex, volatile, and continually shifting markets resulting into supply chain networks becoming more vulnerable has increased the demand for supply chain strategy and operations consulting boosting the global supply chain strategy and operations consulting market.
Process reengineering, improvement, optimization, and standardization that are aligned with corporate strategy are among them. Strategy consulting services examine risks and possibilities for clients, working with them to establish a clear strategic roadmap.
The idea of strategic advisory or boardroom consulting can be understood as the strategic consulting market. The vast majority of consultants choose a high-end and prominent consultation that is available within the industry's professional services. Furthermore, these consultancies focus on private sector helping them improve their ability to grow businesses through the execution of functional and organizational plans. The consulting services are especially sought by public sector enterprises and institutes.
However, the global Supply Chain Strategy and Operations Consulting Market is hampered by factors such as significant costs, delivery, speed, inefficient end-to-end supply chain optimization and planning, inability to conduct efficient performance monitoring and benchmarking.
Furthermore, improved strategic importance for demand planning, growing demand for customer and supplier visibility to accelerate business growth, diversification of supplier base, increasing demand for improving cost transparency are the some key factors likely to be growth opportunity to the global supply chain strategy and operations consulting market.
The major players in global supply chain strategy and operations consulting market are Ernst & Young Advisory, KPMG Advisory, PricewaterhouseCoopers Advisory, Accenture Consulting, IBM Global Services, McKinsey & Company, Deloitte Consulting, Cognizant Technology Solutions, CGI Group, Booz Allen Hamilton, Boston Consulting Group, Capgemini Consulting, Oracle Consulting, Tata Consultancy Services, Infosys Consulting, GEP, and Bain & Company among others.
Latest Innovations in the Global Supply Chain Strategy and Operations Consulting Market: a Snapshot
- Artificial intelligence (AI) and automation are becoming more prevalent in many supply chains. Automation aids in the automation of repetitive tasks, whereas AI (which attempts to mimic human intellect and "learn") aids in the automation of more complex, time-consuming tasks.
- As an increasing number of consumers place a premium on environmental stewardship, more businesses are stepping up their sustainability efforts, which are now filtering down into the supply chain.
- Technology, like the individuals who use it, is a powerful force in supply chain management. In business, there is a lot of emphasis on beating your competition, yet working together may benefit everyone.
Supply Chain Strategy and Operations Consulting Market Scope
|Revenue forecast in 2028
|USD 65820 million
|CAGR of 17.9% during 2018-2028
|by Type, by Application, Regions
|North America, Europe, Asia Pacific, Middle East and Africa, South America
|Key Players Profiled
|PAccenture Consulting,IBM Global Services,Bain & Company,GEP,Infosys Consulting,Tata Consultancy Services,Oracle Consulting,Capgemini Consulting,Boston Consulting Group
Key Segments of the Global Supply Chain Strategy and Operations Consulting Market
Type Overview, (USD Million)
- Strategy Consulting
- Management Consulting
Enterprise Overview, (USD Million)
Regional Overview, (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa