Organizations engage in supply chain risks management (SCRM) in an effort to recognize, track, detect, and reduce risks to the profitability and continuity of their supply chains. Volatility, material shortages, supplier financial difficulties and failures, as well as natural and man-made calamities, are all threats to the supply chain. A number of countries are concentrating on enhancing the supply chain in order to analyze the threat provided by a contractor, subcontractor, or vendor, the vulnerability of a proposed purchase, and the potential impact based on the criticality of the goods or services.
The global Supply Chain Risk Management Market was valued at US$ 1078.9 million in 2017, and is projected to reach US$ 3237.1 million by 2026, exhibiting a CAGR of 13.4% over the forecast period.
Prominent Companies in the Supply Chain Risk Management Industry
1. Avetta, LLC
Avetta, LLC was founded in 2003 and it’s headquarter in California, United States .The company operates in 130+ countries. In 2019 Avetta and BROWZ have combined to form a new, market leading organization focused on delivering the best in supply chain risk management
2. Cura Software Solutions
Cura Software Solutions, was launch in 2002 and it’s headquarter located in Boston, Massachusetts, United States. It operate over 10 country .
3. DHL International GmbH
DHL International GmbH, was launch in 1969 and it’s headquarter located in Bonn, Germany.it operate over 200+ country.
4. LogicManager
LogicManager founded in 2005, its headquarters located in Boston, , United States. With businesses in over 35 countries.
5. Marsh LLC.,
Marsh LLC was launch 1999 and its headquarter New York, United States . It operate over 130 country. Marsh's Supply Chain Risk Management (SCRM) Practice undertakes a comprehensive review of supply chain exposures. It begins by mapping the internal
6. MetricStream Inc
MetricStream Inc. Founded in 1999. Its Headquarters, California, United States.With businesses in over 40countries.
*Definition: - Supply chain risks management (SCRM) is an effort taken by organizations to identify, monitor, detect, and mitigate threats to supply chain continuity and profitability.
