Supply chain management is expected to grow 8.5% from 2022 to 2028. E-commerce, the global economy, and the need for supply chain efficiency are driving this growth.
Regulations (as of May 2023)
The 2015 Cybersecurity Act, 2011 Food Safety Modernization Act, and Dodd–Frank affect this market. DSCSA, MDR, and HIPAA may also apply.
Note: This changes frequently!
Not legal advice. Confirm broadly.
Common Procurement Hurdles
Procurement challenges in supply chain management include lack of visibility and risk management.
Contracting Tips
To optimize contracts in the supply chain management market, include clear and measurable performance metrics and build flexibility to accommodate market changes.