Question 2

"The global post-COVID-19 Supply Chain Management market size to grow from USD 23.2 billion in 2020 to USD 41.7 billion by 2026, at a CAGR of 10.3%. The major growth drivers for the market include increasing demand for greater visibility and transparency in supply chain data and processes. However, growing security and privacy concerns among enterprises may restrain the market growth."

https://www.globenewswire.com/news-release/2021/02/16/2176132/0/en/TheWorldwide-Supply-Chain-Management-Industry-is-Expected-to-Reach-41-7-%20%20Billion-by-2026.html

[NOTE: The above article is an abstraction of a detailed research report that highlights the relative importance of supply chain visibility. The link will only show you the sections headings of the report - you do not need to access this report to answer this question. A good starting point is the discussions in class about 'supply chain visibility'.]

a) What is 'supply chain visibility'? How does greater visibility lead to improved business performance? (50 marks)

b) How might security and privacy concerns arising anywhere in a global supply chain affect the share price of a company that is part of that supply chain network?(50 marks)