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At ChainLink we have been researching and writing about supply chain risk for over a decade. Lately, it seems there has been a crescendo of attention paid to this area. In spite of that, there is a dearth of cogent market definitions and good descriptions of the types of solutions available. Part of the reason for this void is the very broad range and variety of supply chain risks , which makes it difficult for solution providers to create a comprehensive service or solution and makes it challenging for analysts to describe and frame the whole solutions landscape.
Companies deploy a mix of these solutions to manage supply chain risks. In fact, the ancillary solutions serve multiple other purposes and are often not purchased primarily to manage supply chain risk.
Although some of the sub-sectors within this space are quite mature, the Supply Chain Risk solutions market as a whole is an emerging and rapidly evolving market, with many new entrants and applications. As such, we see a large and diverse set of solutions and problems being solved in different ways. There is also a fair amount of overlap between some segments, and some solutions span multiple segments, making clean segmentation of the market challenging. Providers are continually expanding
their footprints, driven by market demand for broader and deeper capabilities, innovations in how to manage risk, new regulations (e.g. conflict minerals), new or evolving risks (e.g. cyber-security, IP theft), and other factors
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