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ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. In my own defense, things kind of took off after 2014. KION acquired Dematic and Egemin Automation in 2016, forming KION Supply Chain Solutions that operates under the Dematic brand. billion in 2019. Well, I am saying it.
Last year around this time I made a lot of predictions about what 2014 would hold in store…Let’s revisit some of these, and see what has happened (or what hasn’t!) Here are my predictions from 2014, and an update on what I think will happen in these areas. The solution? More of the same.
In 2014, researchers from China’s Shanghai Jiao Tong University and Lappeenranta University of Technology in Finland conducted a study to identify global trends in the logistics industry, relevant opportunities and challenges, and how logistics companies can better position themselves in China.
The process of identifying and penalizing human traffickers in a supply chain is exhaustive and at this point a comprehensive solution seems nearly impossible. In Malaysia, for example, one in three workers are victims of such forced labor. In the United States, the conscious use of forced labor is explicitly banned.
In 2014, Deere & Company was listed 80th in the Fortune 500 America’s ranking and was 307th in the 2013 Fortune Global 500 ranking. The company began with a pilot operation using a manufacturer in Malaysia. Terex decided to replace the outdated manual yard management process with a new, digital solution using RFID tracking.
Foxconn execs cite Belkin’s widely recognized brand name, strong sales channel presence and growth potential, as well as its best in-class capabilities and solutions, as primary motivators for the acquisition. manufacturing facility in 2014. In March 2018, Belkin was acquired by Foxconn Interconnect Technology Ltd.
’ With respect to their consumer behavior, 73 percent of global millennials are willing to pay extra for sustainable products, an increase from 50 percent in 2014.”[2]. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” ”[2]. Footnotes. [1]
Indonesia, Malaysia, Taiwan, and China have been its main markets in the past few years. Its series A in November 2014 was worth US$6 million, attracting investors like 500 Startups, Rakuten Ventures, Sequoia Capital, Darius Cheung, and Golden Gate Ventures. Final Thoughts.
Robert Philkill, a senior sales engineer at Teradici, had a similar experience when he introduced his company’s products to remote schools in Malaysia. ” The Washington Post , 21 July 2014. [4] 8] Robert Philkill, “ Reimagining Education Through Technology ,” Wired , 22 July 2014. [9] ” Footnotes.
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