Over 1 trillion dollars’ worth of counterfeit goods was traded in 2013, and that number will double by 2022. This automation will impact recruiting strategies, job descriptions, KPIs/metrics, operating models, roles that we have/don’t have any longer, training programs, etc. This week’s guest post is from my MBA student, Nikhil Singh, who accompanied me to the recent Institute for Supply Management conference in Houston. MORE

percent CAGR through 2022. In contrast, AI can automatically generate a “supply chain map,” showing details about an order that include metrics like allocated quantity and expected delivery date. 3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation Digital transformation is a harbinger of active and integral business growth By Kaushal Dave The global pharmaceutical market has long passed the $1 trillion mark and is projected to grow at 6.3 MORE

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. Shared leadership and metrics, but emerging integration. Claritum Article - Procurement Blog. MORE

According to Forrester, Cross-border shopping will make up 20% of eCommerce in 2022, with sales of $627 billion. Set a realistic target and success metrics. When consumers buy products from the merchants online across the border is called Cross Border eCommerce. MORE

Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Then, break each goal into action steps, such as: Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). MORE

”[5] Tasner notes, “By 2022, it’s estimated that chatbots will help businesses save over $8 billion per year. ” O’Brien notes, “Now video is paired with the incredibly accurate and valuable user metrics of digital media to provide much more useful data on how specific efforts are performing. The Digital Age is disrupting almost every industry and marketing is no exception. MORE

Which data metrics are most relevant to your demand forecasting? Gartner, for example, reports that 80% of supply chain blockchain initiatives will remain at a proof of concept (POC) or pilot stage through 2022.” There has been a lot written and spoken about supply chain operations during the coronavirus pandemic. Supply chain operations are complex — encompassing a broad array of processes and operations. MORE

billion by 2022, according to Transparency Market Research. Although ROI is the most obvious metric for determining the success of your SCM, don’t overlook other performance indicators of your freight management process. This week I’m adding a guest post from Mike Challman, VP, North American Operations for CLX Logistics. MORE

million metric tons (or 60% of the world’s supply). million metric tons. 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. MORE

One popular metric – a country’s logistics costs as a percentage of GDP – has China at 18% and the US at only 8.5%. 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 million dollars every minute in a retail feat that racked up $14.3 MORE

million metric tons (or 60% of the world’s supply). million metric tons. 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. MORE

Deutsche Post said on Tuesday it expects operating profits to rise in 2021 and 2022 after a jump by 56% in the fourth quarter as the coronavirus pandemic prompted a surge in ecommerce and parcel shipments. Digital analytics firm Quantum Metric raises $200 million. MORE

by Jeswin Philip The Food Packaging Trends and Advances report from PMMI forecasts that the US Food and Beverage industry will experience a 2.9 % CAGR through 2022. For example, jointly develop performance management metrics so that any adopted strategies benefit all parties involved — not just a single entity. The report also mentions that the global growth rate is almost double that of the US food industry. It’s a prediction that shouldn’t be ignored. MORE