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. from the global economy by 2022. MORE

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

Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 Of course, you will probably need to engage some international supply chain partners to help execute your strategy. Logistics Bureau helps companies to establish, grow, and improve their supply chain and logistics operations throughout the ASEAN region. MORE

Edwin Lopez ( @EdwinLopezT37 ) and Jennifer McKevitt ( @mckvt ) report a study by Mobile Experts concludes, “High demand could lead Internet of Things makers to triple production by 2022, shipping $70 million worth of devices in the next five years compared to $22 million today.”[2] 2] Edwin Lopez and Jennifer McKevitt, “ Report: IoT tech may triple in use by 2022 ,” Supply Chain Dive , 9 August 2017. [3] MORE

billion by 2022, according to ABI Research. As the hugely fragmented market develops, the location supply chain will become very complex with the boundaries between the different nodes blurring. MORE

As the result, Supply Chain Management (SCM) has become a legitimate stand-alone field in itself, responsible for the flow of materials and products between these business functions. MORE

Evolving logistics real estate models reflect the need for ever more efficient distribution supply chains. 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. MORE

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. How will this fast-growing technology affect supply chains? MORE

Macpherson predicted that the figure will easily be 80 percent by 2022. The ability to gain insight from the data provides real-time visibility, security and efficiency, as well as the opportunity to predict and proactively act on supply chain risks. MORE

Digital technologies, including cloud-based platforms, encourage interest in the current WMS market on the part of supply chain executives. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Supply Chain Warehouse MORE

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. Meanwhile, sprawling chains like Macy’s, Sears, and JC Penney are trying to course-correct in a world where many people prefer to shop online. 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. MORE

In total, this black market is expected to represent $991 billion of the global economy by 2022. In the US, the Drug Supply Chain Security Act (DSCSA) aims to identify and trace the distribution of certain prescription drugs. These and other legal arms have opened avenues for pharmaceutical companies to address fake products in their supply chains. Tightening security along the supply chain can also go a long way. 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. Food for thought: Time for a different kind of supply chain. MORE

Restructuring the supply base. 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. MORE

percent in the second quarter of this year, the 32nd consecutive quarter of declining supply and the lowest point since 2000, according to industry sources. Online purchases are predicted to reach $638 billion by 2022. MORE

Digital technologies, including cloud-based platforms, encourage interest in the current WMS market on the part of supply chain executives. By some estimates, reports Allied Market Research , the warehouse management system market will swell to more than $3 billion by 2022, and adoption of WMS systems is expected to continue with the IoT-based value in the WMS market to surpass 19 billion by 2025, says Grand View Research. Supply Chain Warehouse Management MORE

A broad view of the ethanol supply chain can reveal much about the future of biofuels. 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. MORE

From monitoring carrier capacity and driver shortages to tracking diesel pricing and government regulations, staying current on the events in transportation means you will be better equipped to make knowledgeable business decisions and drive growth and efficiency into your supply chain. MORE

Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. Global financial services giant Credit Suisse predicted last week that up to 25% of nation’s malls could close by 2022. A faster supply chain will help the athletic segment keep up with the what the industry also calls “fast-fashion” demand from shoppers. Retail Supply Chain friday in 5 omni-channel retail MORE

Lora Cecere ( @lcecere ), founder and CEO of Supply Chain Insights, notes, “The goal [for building a network of networks] is to close current gaps, to build inter-enterprise visibility, and improve interoperability between businesses. “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. MORE

’ 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. MORE

The era of paper-based systems and physically monitoring the supply chain is ending. trillion to $14 trillion by 2022. Supply Chain Management. Supply chain management is a broad term used to describe the current use of the industrial internet of things in the supply chain. Warehouse management of the IoT is built the same principles of overall IoT-based supply chain management. MORE

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] Blockchain holds a lot potential to make the supply chain better. He writes, “Blockchain innovation coupled with other new and existing brings tremendous value to the practice of supply chain management and logistics. Holistic supply networks. MORE

Supply chain management is defined as the active streamlining of a business’ supply-side activities to maximize customer value and gain a competitive advantage in the marketplace [1]. billion by 2022, according to Transparency Market Research. MORE

is highly intelligent connected systems that create a fully digital value chain. Industrialize: Leading companies are already integrating these technologies to improve and evolve pillars of their value chain. MORE

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. As a finite but clearly valuable resource locked mostly in countries with difficult-to-track labor standards, cobalt’s supply chain has fallen under intense scrutiny in recent months, and companies are rushing to get their share. million metric tons (or 60% of the world’s supply). Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. MORE

The tariffs only directly affect two pieces of the solar supply chain: solar cell makers and panel manufacturers. This will cause prices throughout the whole supply chain to rise, resulting in higher costs for homeowners and businesses that want to install rooftop solar. 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. MORE

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. Aldi says it has a plan to become the third-largest grocery chain in the U.S. The discount chain is investing $3.4 billion to expand to 2,500 stores — up from 1,600 stores today — by 2022, the company said Monday. MORE