The global supply chain market is valued at $15.85 billion and is projected to grow at a CAGR of 11.2% from 2020 to 2027, with 90% of merchandise shipped by sea. Companies can significantly enhance profits by reducing supply chain costs, although disruptions can lead to substantial financial losses. Key challenges include logistics disruptions, dependence on single vendors, and cultural differences in business practices across countries.

1. Global Supply Chain
Management
Challenges and Opportunities

2. • The global supply chain market size value
is $15.85 billion, expected to experience
a CAGR of 11.2% from 2020 to 2027.
• 90% of global merchandise is shipped by sea.
• Reducing supply chain costs from 9% to 4%
can double profits.
• Supply chain disruptions can cause a massive
62% loss in finances.

3. • 57% of companies believe that supply chain
management gives them a competitive edge.

4. Top players in SCM
Cisco
Systems
Colgate
Palmolive
Johnson
&
Johnson
Schneider
Electric

6. Challenges

7. Challenges(Contd.)
Disruptions
of Logistics
globally
Delay in
Production
Too much
dependence
on one
vendor
Investment
of
Technology-
Double Up
Commodity
Pricing

8. Examples of Cultural Challenges
US vs China work culture
Contractual Conditions to work(US vs
Dutch vs Asians)
Japan – Personal Relationships are basis
to do business
Patience of local culture

10. Thank you
Dr. Prachi Agarwal
Mail me- prachischolarjvwu@gmail.com
LinkedIn- Dr. Prachi Agarwal
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