Next-Gen Asset Tracking Technology Could Replace RFID in Coming Years

Supply Chain Matters

billion by 2022, according to ABI Research. billion by 2022, which will represent 52% of the total infrastructure of asset tracking market. However, UWB is the fastest growing technology in this environment with a compound annual growth rate of 52% between 2017 and 2022.

Can You Talk to Your Supply Chain?

Supply Chain @ MIT

Sales through voice-enabled digital assistants such as Amazon’s Alexa and Google Home are projected to skyrocket from $2 billion in 2017 to $40 billion in 2022.

The Interrelated Issues Facing the Trucking Industry

PLS Logistics

The American Trucking Association projects that the trucking industry is poised for serious growth by 2022. The forecast suggests that overall revenue for the industry will rise almost 66% and tonnage will increase 24% by 2022.

[Video] Electronic displays must comply with RoHS standard

Loftware

billion by 2022, according to a study by Grand View Research. As smartphones and tablets grow in popularity, sales of electronic displays will only increase. The market for these displays is expected to reach $733.7 Electronics

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

from the global economy by 2022. Editor’s Note: Today’s blog is from Kevin Doubleday who discusses the importance of blockchain within the supply chain. Current Supply Chains don’t operate at the cadence of business. Integrating Blockchain within the Supply Chain could change that. When we are asked about “killer” use cases for blockchain within enterprise systems, Supply Chain is the usual suspect — and for good reason.

Truck Driver Shortage: Getting Better, Worse, or No Problem at All?

Talking Logistics

Then again, back in October 2013, the ATA stated that “if freight demand grows as it is projected to, the driver shortage could balloon to nearly 240,000 drivers by 2022.”.

How fast will Blockchain Mature in the Supply Chain?

Enterra Insights

billion by 2022, increasing at a compound annual growth rate (CAGR) of 79.6 With all the buzz about blockchain, one could be excused for thinking the technology is fully mature. However, Robert J. Bowman, Managing Editor of SupplyChainBrain , reminds us, “When it comes to the deployment of blockchain in the supply chain, or anywhere else for that matter, these are still early days.”[1] ”[1] Why all the hype? The simple answer is potential.

Thailand Ecommerce Logistics for ASEAN Enterprises: Should You Go Local?

Logistics Bureau

Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 The ecommerce market in Thailand has never been healthier and all the signs indicate huge potential for growth in the next few years. With the Thai government’s Thailand 4.0

The Internet of Things is over 30 Years Old and still in Its Infancy

Enterra Insights

“Currently,” he writes, “there are approximately 10 billion connected devices, with the number reaching 20 billion in 2020, 29 billion to 42 billion in 2022, and 75 billion in 2025. How can something over 30 years old still be considered in its infancy? According to Jonathan Sallet, a former visiting fellow in Governance Studies at the Brookings Institution, that’s exactly the situation in which the Internet of Things (IoT) finds itself.

Is the Retail Apocalypse Just Around the Corner?

Supply Chain Nation

Global financial services giant Credit Suisse predicted last week that up to 25% of nation’s malls could close by 2022. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: There are differing opinions on the future of retail; omni-channel still has some bugs to work out; and a southeastern U.S. grocery delivery service has big plans for the future. Retail may just need a facelift.

5 Disruptions Shaping the Digital Transformation in Distribution and Logistics

Supply Chain Nation

Macpherson predicted that the figure will easily be 80 percent by 2022. Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs).

[INFOGRAPHIC] Industry 4.0: Powered by the Internet of Things & Digital Manufacturing

Cerasis

Based on research by the analyst firm Machina Research 14 billion of those things will be connected by 2022.

Procurement Fact File

Claritum

Supply chain and logistics constitute almost £3 trillion in “value at stake: the combination of increased costs that [as a result of digital innovations] will migrate among companies and industries from 2013 to 2022. Claritum Article - Procurement Blog.

A Grocery Store You’ve Never Heard of is About to be one of the Biggest in America

Supply Chain Nation

billion to expand to 2,500 stores — up from 1,600 stores today — by 2022, the company said Monday. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: Aldi, a grocery store you’ve probably never heard of, says it plans to become the third-largest grocery chain in the U.S.

The Gig Economy: Ditching ‘9-to-5’ for “whenever I want”

Supply Chain Nation

billion by 2022 — and at the rate these online brands are going, we can expect e-commerce sales to make up a nice piece of the pie. Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This week: A writer gets up close and personal with a gig worker; some stores are growing, some aren’t; and the beauty industry sees growth in online sales. Up Close with the Gig Economy.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

Volkswagen recently announced plans to invest €34 billion ($42 billion) in battery-powered cars by 2022. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled. It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone.

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Top 5 coffee roaster manufacturers

Exapro Hub

According to a report published on 29th May 2018 by Research Report Insights, the coffee market revenue is expected to surpass US$ 34 Bn by 2022.

The Counterfeit Economy

Elementum

In total, this black market is expected to represent $991 billion of the global economy by 2022. Product counterfeiting and piracy are pervasive across almost all countries and industries. In an online study covering 10 countries, 34% of respondents said they believe it’s a brand’s responsibility to protect them from counterfeits. Similarly, almost four out of 10 consumers who unwittingly bought fakes complained directly to the brand.

Third Party is the Perfect Place for Logistics Professionals

Supply Chain Network

’ Highlighting this point, the Logistics profession continues to grow rapidly and is projected to grow 22% by 2022 (27,600 jobs) a rate much faster than the average of all occupations according to the Bureau of Labor Statistics.

Don’t let the truck driver shortage put your business in park

Ryder Exchange

The American Trucking Associations (ATA) estimates the industry is short 30,000 drivers, and the number is expected to escalate to 239,000 by 2022. The truck driver shortage is not a secret in the trucking industry.

The New Solar Tariff Promises Big Changes in Clean Energy Manufacturing

Elementum

GTM research estimated last summer that tariffs would lead to a 61 percent decline in installations through 2022; they’ve now stepped that figure down to 11 percent. Last month, Donald Trump followed up on his campaign promise of protecting American businesses by imposing a 30 percent tariff on foreign solar panels and cells, beginning next year.

The latest trends in supply chain management [2016 Review]

Abivin

The increased money companies will make or save through optimized logistics and supply chains is estimated at $3 trillion through 2022” [1].

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Market Update: Transportation Industry News

Transportfolio

million in 2022. Market Update: Transportation Industry News. In the transportation industry, there are many moving parts that can impact your day-to-day operations.

Why the Ethanol Supply Chain Should Fuel the Renewables Debate

Supply Chain @ MIT

Biofuels such as ethanol are seen as an important alternative to gasoline, and the US has mandated the use of up to 36 billion gallons of these renewables by 2022. Burning issues. A broad view of the ethanol supply chain can reveal much about the future of biofuels. Photo: Shell.

Location Decision Drivers: Trends Shaping New Location Selection in Europe

EFT

In the final section of our 2017 survey, we asked how respondents would describe their current distribution network and what they expected it to look like by 2022.

Why Singles Day Will Become A US Sales Festival

Freightos

By 2022, McKinsey anticipates that a full 76% of the population will be part of the middle class. Why Singles Day Will Become A US Sales Festival. By Zvi Schreiber, CEO of Freightos. zschreiber. In a single day in 2015, Alibaba handled an average of $9.9

How Tax Reform Affects Owner-Operators

DAT Solutions

After 2022, the amount of bonus depreciation will begin to be phased out with 80% in 2023, 60% in 2024, 40% in 2025, and 20% in 2026. In December 2017, Congress passed one of the largest tax reform bills since the 1980s.

Wal-Mart Steps Up Push to Remove Potentially Harmful Chemicals

Material Handling & Logistics

The world’s largest retailer aims to reduce the chemicals in products such as household cleaners, cosmetics, skin care and infant items by 10% by 2022. is expanding its program to clean up the products it sells, setting a 2022 target for reducing potentially harmful substances and widening the list of chemicals it wants to avoid. Wal-Mart Stores Inc.

The Digital Path to Purchase is often the Mobile Path to Purchase

Enterra Insights

online retail sales will exceed $506 billion this year and by 2022, will surpass $712 billion. 6] Daphne Howland, “ Forrester: US e-commerce will top $712B by 2022 ,” Retail Dive , 19 April 2018. [7] One of the most impactful innovations of the past three decades is the smartphone. Although the term “smartphone” wasn’t used until 1995, IBM introduced the first smartphone — a gadget called the Simon Personal Communicator — three years earlier.

Freight Forwarding And Digital Customer Service Five Years From Now

Freightos

What do forwarders think will happen to freight service by 2022? Freight Forwarding And Digital Customer Service Five Years From Now. By John Edmonds, Research & Marketing, Freightos. Today we shop in our pajamas, comfortable behind our screens.

Truck Driver Wage Increase Expected to Increase Shipping Costs Lending Towards Shippers To Focus on Transportation Management

Cerasis

According to the Bureau of Labor Statistics , the heavy and tractor-trailer trucking industry is projected to increase by 11 percent through 2022. Those in the trucking industry may finally get that big pay raise they’ve been wanting for decades.

Amazon Acquisition of Whole Foods Upends the Grocery Model

Supply Chain Nation

billion to expand to 2,500 stores — up from 1,600 stores today — by 2022 as part of its plan to become the third-largest grocery chain in the U.S. The announcement of Amazon’s $13.7 billion acquisition of Whole Foods capped an eventful week in the grocery industry. German-owned discount grocer Aldi says it will invest $3.4 by store count. And Kroger, the number-one supermarket chain in the world by revenue, reported its second straight quarter of declining same-store sales.

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Thailand Distribution Network Design: Should You Optimise or Wait?

Logistics Bureau

Big changes are on the cards for Thailand’s transportation infrastructure, assuming the government’s plans to upgrade road and rail networks between now and 2022 come to fruition. After all, the upgrade is slated for completion by 2022 at the latest. No doubt if you rely on a distribution network to supply customers in Thailand, you have been keeping an interested eye on developments, as at some point, they may provide opportunities to reduce logistics costs for your business.