GITNUX MARKETDATA REPORT 2024

Must-Know Supply Chain Statistics [Latest Report]

Statistic 1

"79% of companies with high-performing supply chains achieve better than average revenue growth within their industries."

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Statistic 2

"Supply chain disruptions result in a 3-5% increase in expenses and a 7% decrease in sales."

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Statistic 3

"Companies in the top-quartile for supply chain digitization have 20% lower operating costs and 11% greater EBIT."

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Statistic 4

"Global supply chain management software revenues were estimated to be $15 billion in 2020."

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Statistic 5

"Over 80% of businesses have experienced a supply chain disruption in the past 12 months."

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Statistic 6

"71% of organizations have more than 50 suppliers in their supply chain."

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Statistic 7

"Over 50% of firms believe that increased digitization and automation will increase the resilience of their supply chains."

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Statistic 8

"Supply chain risk management can add up to 70% additional value by reducing costs."

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Statistic 9

"By 2025, the use of robotics in the supply chain was expected to grow by 14% annually."

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Statistic 10

"Global spending on blockchain technology solutions related to the supply chain is expected to reach $6.6 billion by 2023."

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Statistic 11

"In 2020, 53% of supply chain professionals indicated that the top risk to their manufacturing supply chain is raw material issues."

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Statistic 12

"Diversifying supply chain locations can reduce costs by approximately 5%."

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Statistic 13

"In 2020, 43% of companies reported increased earnings, with an average of 23% attributed to sustainable supply chain initiatives."

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Statistic 14

"By 2023, at least 50% of large global companies will use AI, advanced analytics, and IoT in supply chain operations."

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Statistic 15

"Using blockchain technology for supply chain management could reduce transaction costs by 35%."

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