Global Blockchain Market for the Supply Chain Expected to Grow at 87% CAGR Until 2023

EFT

million by 2023, at a Compound Annual Growth Rate (CAGR) of 87% during the forecast period, according to MarketsandMarkets. The global blockchain supply chain market is expected to grow from $45 million in 2018 to $3,314.6 An increasing need for supply chain transparency and rising demand for enhanced security of supply chain transactions are major growth factors for the market.

Supply Chain by the Numbers for July 25, 2019

Supply Chain Digest

Another Worker Protest at an Amazon FC, More Provocative Move by China in the South China Sea, Lots of Ocean Contaiers to be Smart by 2023, Mobile Robot Maker Brings in Huge

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Supply Chain Analytics Market to Double to $7.1 Billion in Next Five Years

StockTrim

billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.6% Here's some good validation for the reason why we created StockTrim. Recent research (link below) estimates the global supply chain analytics market to grow from USD 3.6 billion in 2018 to USD 7.1

Meet Your Match

Inbound Logistics

billion to run IoT solutions by 2023, startup aims to make robots safe around factory workers, conditions ripe for multistory warehouses, automated material handling equipment market to exhibit significant growth during 2018–2024

The TMS Outlook

Logistics Viewpoints

I recently wrapped up my Transportation Management Systems market study which looks at the total size of the market, the forecasted growth through 2023, and the leading suppliers across a number of categories including industry, region, and customer size.

Study 155

The Managed Transportation Services Outlook

Logistics Viewpoints

I recently wrapped up my Managed Transportation Services market study which looks at the total size of the market, the forecasted growth through 2023, and the leading suppliers across a number of categories including industry, region, and customer size.

Latin America's e-commerce problem

EFT

In comparison, e-commerce sales in the world as a total are projected to nearly double by 2023, expanding 13% annually to $6.7 Latin America has the second lowest per capita e-commerce sales of any region globally.

Transportation TIP List: Week of May 12th, 2019

Transplace

Blockchain Supply Chain Initiatives Will Face Fatigue by 2023 : Despite what some might call a cooling off period, blockchain remains a popular technology trend. Therefore, Gartner predicts that by 2023, 90% of blockchain-based supply chain initiatives will suffer “blockchain fatigue.”.

Demand for Basic and Specialty Chemicals Continues to Grow

Material Handling & Logistics

million units per year by 2023. Assuming no major trade disruptions, there will be a $69 billion trade surplus in chemicals by 2023. Healthy growth is expected to be driven by broad-based industrial demand.

The Reshoring Initiative: 3 Reasons Why American Retailers Are Reshoring U.S. Manufacturing Jobs

Cerasis

When Walmart announced its commitment to increase its American-made purchases by $50 billion annually by 2023 , resulting publicity gave a big PR boost not only to the Reshoring Initiative but to Walmart as well. After decades of jobs moving overseas, the tide has turned in favor of reshoring , reports the Reshoring Initiative in its latest annual report. Together reshoring and related foreign direct investment by companies returning to the U.S.

Transportation TIP List: Week of June 23rd, 2019

Transplace

Transportation TIP List: Week of June 23rd, 2019. This past Friday marked the first official day of summer and the longest day of the year. And as the weather heats up, there’s no shortage of hot topics arising in the transportation industry.

How Blockchain Can Improve Manufacturing In 2019

IQMS

By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 The business value-add of blockchain will grow to slightly more than $176B by 2025, then exceed $3.1T by 2030 according to Gartner.

Applying Blockchain in Logistics & Supply Chain Management: 5 Reasons Why Supply Chain Execs Need to Know More

Cerasis

In fact, the Drug Supply Chain Security Act of 2013 , passed by Congress, mandates pharmaceutical supply chains implement an around-the-clock, real-time, and accurate way of monitoring product location in manufacturing and transport by 2023, reports Innovation Enterprise. Blockchain offers an opportunity for shippers to redefine standard procedures, leverage new technologies, including cloud-based platforms, and enhance cybersecurity.

Cognitive Technologies are Paving Stones on the Digital Path to Purchase

Enterra Insights

retail sales will be digitally impacted by 2023, meaning those sales either will occur online or may occur in-store but be influenced by digital technologies.”[1] 1] Dan O’Shea, “ 58% of retail sales will be influenced by digital by 2023 ,” Retail Dive , 2 January 2019. [2] There’s no denying the digital path to purchase is becoming more of a consumer highway than a path. A Forrester report predicts, “Fifty-eight percent of U.S.

Surviving the Retail Apocalypse

Enterra Insights

retail sales will be digitally impacted by 2023, meaning those sales either will occur online or may occur in-store but be influenced by digital technologies.”[7] 7] Dan O’Shea, “ 58% of retail sales will be influenced by digital by 2023 ,” Retail Dive , 2 January 2019. [8] By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse.

Retail 100

The Transformative Tech Your Supermarket Can’t Afford to Ignore

Repl Group

to £218 billion by 2023, securing your slice of the supermarket pie has never been more important. billion by 2023, an increase of over 52%. Some savvy supermarkets are already embracing artificial intelligence (AI) to establish difference and gain market share. From Tesco trialing checkout-free shopping to Morrisons ’ introduction of automated stock replenishment, the possibilities for the £190 billion grocery industry are endless. With the market forecast to grow by 14.8%

Transportation TIP List: Week of April 7th, 2019

Transplace

increase – on devices between 2017 and 2023. Transportation TIP List: Week of April 7 th , 2019. Over the past few weeks, the gridlock situation at the U.S.-Mexico Mexico border has been widely covered by headlines across the country.

Cargo 56

Multiple Constraints of Route Planning in ASEAN

Abivin

According to SpirE-Journal 2016 Q4 - Spire’s Asia Market Research, ASEAN trade volume is expected to increase by 130% and will be valued at $5,653 billion by 2023. per annum from 2012 to 2023.

Blockchain – The Answer to the Future of Retail?

Adjuno

billion USD by 2023. Everybody is talking about blockchain these days, some are even referring to it as the next disruptive technology that will change the retail industry. The impact of blockchain on the financial services is well known. The use of cryptocurrencies has dominated the news even though many don’t understand the technology behind it.

Friday in 5: Whole Foods Deals Added to a Longer Amazon Prime Day

Supply Chain Nation

As artificial intelligence technology grows in capability and popularity, chatbots could save retail, banking and healthcare businesses as much as $11 billion each year by 2023, according to a new report from Juniper Research. billion hours by 2023 in those three sectors. Welcome to Friday in 5: news from around the supply chain landscape, served up in one spot to keep you up to date and informed. This week: Amazon Prime Day gets longer and adds Whole Foods deals; U.S.

Food 40

3 Technologies Transforming Modern Manufacturing Techniques

USC Consulting Group

billion come 2023, according to a report from Markets and Markets. The U.S. economy is experiencing a period of job growth. The unemployment rate is at a low last seen more than 50 years ago , according to government data, and millions of jobs have been created since 2016, approximately 2.6

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

trillion in 2023. Source: The Daily Dot. The global logistics market is predicted to reach US 15.5 The world runs on trade and traditionally the industry has been plagued by inefficient processes, middlemen, and archaic technology.

New Automotive Technologies Threat Your Long-Term Visibility

DynaSys

To go even further, the top 12 OEMs will launch 182 new electric vehicles nameplates by 2023. The automotive industry is evolving. New disruptive technologies are changing the way automotive companies are planning scenarios in the future.

Transportation TIP List: Week of June 23rd, 2019

Transplace

The Managed Transportation Services Outlook : A recent market study from ARC Advisory Group about managed transportation services examined the total size of the market, the forecasted growth through 2023, and the leading suppliers across a number of categories including industry, region and customer size. Transportation TIP List: Week of June 23rd, 2019. This past Friday marked the first official day of summer and the longest day of the year.

It’s Time to Squeeze the Efficiency from Logistics with TMS

Supply Chain Collaborator

per year on average through 2023, according to the organization’s just-released Freight Transportation Forecast, 2017-2028.” The low-hanging fruit has all been harvested by shippers using TMS and other logistics IT solutions increase efficiency and save costs in transportation.

10 Ways IoT Can Improve Supply Chains

IQMS

By 2023, blockchain will support the global movement and tracking of $2T of goods and services annually based on a recent Gartner.

Big Data: The Gift that Keeps on Giving

Enterra Insights

billion by 2023, according to information from ResearchandMarkets.com. Billion by 2023 ,” Inside Big Data , 23 December 2018. [6] Big data seems like old news; but, it becomes more important every second of every day as humongous amounts of data are generated.

The Clothing Supply Chain – From the High Fashion Runway to Landfill!

Supply Chain Game Changer

Goodwill and Salvation Army) market will grow phenomenally from $24 Billion in 2018 to $51 Billion in 2023. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Videos).

Trends 2019: Supply Chain

Enterra Insights

He predicts, “By 2023, talent shortages in the supply chain for 75 percent of the top 500 manufacturers worldwide will largely have been mitigated using supply chain digital assistants.”[6] We live in hectic times. The U.S. is in a trade war with the world. Britain is trying to disconnect from Europe. Cyber attacks are increasing. Climate change is creating violent weather events. The list of crazy things happening goes on and on.

Trends 100

Trends 2019: Business Technology

Enterra Insights

But … people shouldn’t buy into all of the hype, because there is a real problem with things such as decoherence, and it won’t be until between 2023 to 2028 that quantum computing begins to create meaningful work.”. Technology is an ambiguous word referring to a wide range of marvelous (and sometimes scary) man-made gadgets. Deciding what technological trends are important depends on the activities in which you or your organization are involved.

Trends 126

In Logistics, the Last Few Feet are as Important as the Last Mile

Enterra Insights

The staff at Supply Chain 24/7 notes, “In response to today’s online-buying, smartphone-wielding consumer that expects a seamless, faster purchasing journey, [a study published by Zebra Technologies] revealed that 78 percent of logistics companies expect to provide same-day delivery by 2023 and 40 percent anticipate delivery within a two-hour window by 2028.”[2]. There are 5,280 feet in a mile.

Is the Retail Apocalypse Just Around the Corner?

Supply Chain Nation

and Adidas AG shoes will move to more automated factories by 2023 due to a “buy now/wear now” shopping environment forced by the shift to e-commerce, per forecasts by Morgan Stanley. 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.

Addressing UN Sustainable Development Goal 8: Helping Automotive Businesses Tackle Modern Slavery

EcoVadis

According to SDG Compass, 212 million people will be unemployed by next year, which means, to keep up with the growing working age population, the world needs to create 600 million jobs by 2023.

Navy Awards Two Shipbuilding Contracts for New Submarines

Operations and Supply Chain Management

The company said it would start building the first boat of the new order on May 1, with the 10th vessel due to be delivered in 2023. Discussion Questions: Read the following article carefully. What are the details of the contracts that that the Navy struck with General Dynamics and Huntington Ingalls? Would not it have been better if the Navy had only awarded one contract? What are the trade-offs associated with one versus two submarine suppliers? Navy Shipbuilders Share $17.6

Drug-Alcohol Clearinghouse: Employer asset or capacity killer?

DAT Solutions

January 6, 2023 - Once three years of violation data are stored in the clearinghouse, employers are no longer required to also request information from the driver’s previous FMCSA-regulated employers.