Supply Chain Management Business

4 Supply Chain Management Business Success Stories [2024]

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Updated: July 23rd, 2024

Imagine running the engine that keeps global trade and commerce moving- welcome to the world of supply chain management. This business idea encompasses the planning and execution of all processes that bring a product from the manufacturer to the consumer.

You'd be in charge of procuring raw materials, controlling production, monitoring inventory, and managing logistics for timely delivery. Picture it like being the brain of a business, systematically choreographing every move from obtaining a raw material to the point where it finally reaches a happy consumer.

The market for supply chain management services is vast and spans across multiple industries, resulting in a genuinely scalable enterprise. To operate in this essential but complex sector requires strategic thinking, an analytical mind, and solid organizational skills.

If you're someone intrigued by the nitty-gritty details that keep businesses running and hold a passion for logistics and planning, a supply chain management business might be the perfect fit for you. It's a business idea of high strategic value, yet teeming with potential for those who dare to tread this path.

In this list, you'll find real-world supply chain management business success stories and very profitable examples of starting a supply chain management business that makes money.

1. TealBook ($78M/year)

Stephany was visiting a client who wanted to introduce her to a supplier.

The client grabbed a two-inch-thick binder filled with hundreds of business cards from vendor contacts. She couldn’t remember the name of the company, but she knew she would recognize the card. She spent about ten minutes flipping through each page.

In that moment, Stephany saw an opportunity to create a single source of truth for accurate, harmonized, and refreshed data, giving organizations the information they needed to remain competitive and agile.

How much money it makes: $78M/year
How many people on the team: 139

How Stephany Lapierre Built Tealbook to $6.5M MRR

Discover how TealBook's founder revolutionized supplier data management, earning a spot as one of the Top 50 companies to watch by Spend Matters, with an average revenue of $78M/year since its start in 2014.

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2. DocShipper ($13M/year)

Nicolas Rahmé, with a background in new technologies and geopolitics, co-founded DocShipper in 2018 with his brother after seeing a fragmented logistics industry ripe for disruption, achieving a staggering $4.9M turnover by 2021.

How much money it makes: $13M/year
How much did it cost to start: $50K
How many people on the team: 45

These Brothers Are Redefining The Import/Export Industry And Grew Their Business To $12M/Year

DocShipper is a digital freight forwarding and sourcing company that offers a one-stop-shop solution for companies and e-commerce business owners throughout the supply chain, which saw over 700% growth in 2021 with a turnover of $4.9 million.

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3. Digital Procurement World (DPW) ($1.95M/year)

Matthias Gutzmann, the CEO and Founder of DPW, came up with the idea for his business when he realized that existing procurement conferences were expensive, lacked diversity, and failed to attract startups and investors. He left his job in New York, moved back to Germany, and invested his personal savings to launch DPW. Leveraging his extensive network and applying social selling techniques, Matthias successfully created a buzz and attracted sponsors, delegates, and startups to his conference, leading to exponential growth and €1.8M in revenue in 2022.

How much money it makes: $1.95M/year
How much did it cost to start: $10.8K
How many people on the team: 6

How I Leveraged My LinkedIn Network To Create A $1.8M/Year Procurement Conference

DPW (Digital Procurement World) is a fast-growing conference and community in procurement that has more than tripled in revenue since launching in 2019, capping out the year at €1.8 million, with 95% of their growth coming from inbound traffic leveraging LinkedIn and applying social selling techniques.

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4. Inquizity Metanoia ($360K/year)

Ramesh Krishnamurthy, an IIM Ahmedabad alumnus, identified a gap in supply chain planning during his SAP ERP implementation in a jewelry factory. Seeing many companies still relying on Excel for planning, he founded Inquizity, now serving over 120 clients with cutting-edge solutions like dataSAVI.

How much money it makes: $360K/year
How much did it cost to start: $45K
How many people on the team: 25

How We Developed A $30K/Month Supply Chain Planning and Automation Software

Inquizity, a B2B supply chain solutions company founded by Ramesh Krishnamurthy, developed an end-to-end supply chain planning solution that includes 120+ clients across various industries and a low-code PWA-based automation platform called dataSAVI, which helped the company bring in over $30K per month.

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