1 / 6

Global TIC Market for Logistics & Supply Chain Industry

The TIC market for the logistics & supply chain industry is expected to witness a CAGR of 3.3% during the forecast period. Globalization has increased the cross-border sourcing, specialization, and the outsourcing of complementary activities. The workload of the TIC organization has also increased. The end users are anticipating high-tech and quality products to be delivered in a short span of time at optimal costs. Buyers must ensure that the quantity and quality of the products they receive meet the specifications, especially from foreign suppliers.

Research1
Download Presentation

Global TIC Market for Logistics & Supply Chain Industry

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TIC Market for Logistics & Supply Chain Industry

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. TIC Market for Logistics & Supply Chain Industry The TIC market for the logistics & supply chain industry is expected to witness a CAGR of 3.3% during the forecast period. Globalization has increased the cross-border sourcing, specialization, and the outsourcing of complementary activities. The workload of the TIC organization has also increased. The end users are anticipating high-tech and quality products to be delivered in a short span of time at optimal costs. Buyers must ensure that the quantity and quality of the products they receive meet the specifications, especially from foreign suppliers. Moreover, buyers who want to take advantage of world market price advantages must ensure quality conformance to maintain their brand equity, resulting in the growth of the TIC market for the supply chain and logistics industry.

  4. TIC Market for Logistics & Supply Chain Industry The COVID-19 pandemic has disrupted the supply chain globally. Moreover, it has affected the company’s competitive strategies, economic growth, and job creation in the logistics and supply chain industry. Thus, the TIC market is anticipated to recover from the COVID-19 outbreak owing to innovation in services such as virtual inspections, visual inspection, and remote auditing. Bureau Veritas, a world leader in testing, inspection, and certification (TIC) services, is launching Supply-R, a solution designed to meet companies’ new challenges relating to supplier network reliability and ensuring business continuity in all circumstances.

  5. TIC Market for Logistics & Supply Chain Industry The Asia Pacific region is projected to be having a high CAGR over the forecasted period owing to the adoption of advanced technologies in the TIC market for the logistics & supply chain industry. There are growing investment investments in infrastructure by the government and private enterprises especially in India and Indonesia, so as to ease the movement and improving infrastructure will propel the demand for Supply Chain Management in the region. The growing shift of APAC companies towards lean and rapidly advanced supply chains along with end-to-end visibility by innovation in the latest technologies is one of the major drivers of SCM software and services in the region, leading to the growth of the TIC market in logistics & supply chain industry. Some of the key players operating in the TIC market in the logistics & supply chain industry: Intertek Group plc, Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, TUV SUD, DEKRA SE, The British Standards Institute, and DNV GL.

  6. For Sample Report :- https://www.vynzresearch.com/semiconductor-electronics/tic-market-for-logistics-supply-chain-industry/request-sample www.vynzresearch.com

More Related