Prompt 9; Supply Chain Significance

Supply Chain Management is always working, always silently chugging along. Bringing consumers what they want, as fast and as cheap as possible. Truth be told, when I tell people that I plan on majoring in Supply Chain I often get funny looks. More and more people learn about this field every day, but for the most part it remains unknown to a large portion of the general population.

Supply Chain Digital published an article showing just how significant the Supply Chain industry is. The article talks about how the value of The Cloud Supply Chain Management is supposed to reach over 11 billion dollars by the end of 2023. The article mentions that the average Supply Chain is becoming increasingly complex, and so is the software designed to run these Supply Chains. As the complexities grow, values have been increasing at an insanely fast rate within the Supply Chain space.

To put this in perspective, the current value of Microsoft's Commercial cloud is around 5.5 billion. The Cloud Supply Chain Management is projected to reach over 11 billion, meaning that Supply Chain is a very popular field right now. This is important because this projected growth means that the industry will not become crowded out any time soon.

-Devon Anderson

http://www.supplychaindigital.com/scm/value-cloud-supply-chain-management-market-set-hit-11bn-2023