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 Collaboration Networks Outlook

Logistics Viewpoints

I recently wrapped up my Supply Chain Collaborative Networks (SCCN)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.

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The Top Benefits of Automation in a TMS

MercuryGate

According to a Visual Capitalist report, up to 61% of supply chain professionals expect capacity requirements to increase over the next year, and automated technologies are on track to become a major force in the market by 2023. The need for automation within the supply chain is omnipresent.

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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All-In U.S. Push for Vaccine Means Covid Could Linger

Supply Chain Brain

Any shortfalls in the vaccine program could mean the country will struggle with the virus well into 2023

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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 during the forecast period

Taking a Big Picture View of Supply Chain Networks

Logistics Viewpoints

Real-time visibility platforms are an indispensable piece of the puzzle, and the report predicts that 50% of global product-centric enterprises will have invested in real-time visibility platforms by 2023.

Digital Supply Chain Predictions!

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! GET our EBOOK HERE. Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com.

Musk Sets Lofty Goal for $25,000 Model With Tesla-Made Batteries

Supply Chain Brain

laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of the company’s first-ever and highly anticipated “Battery Day” event Tesla Inc.

Straight Talk on 5G for Industrial Applications

Logistics Viewpoints

Release 17 and 18 will contain much more, but they are not due before 2022 or 2023. Pietro Valsecchi, Covestro’s Expert on 5G. 5G represents the next generation of broadband cellular technology. I have written before that 5G for supply chain applications is still at the hype stage.

Trends and Predictions 2020: Information Technology

Enterra Insights

An IDC report predicts that by 2023, “more than half of all worldwide GDP [will be] driven by products and services from digitally transformed industries.”[3] IDC analysts predict, “By 2023, more than 50% of all ICT (information and communications technology) spending will go toward digital transformation and innovation.” Information technology (IT) is an umbrella term covering a variety of technologies.

Trends 100

Demand for Basic and Specialty Chemicals Continues to Grow

Material Handling and 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. Following growth throughout 2018, the chemical industry is expected to see continued healthy demand for basic chemicals throughout this year, with most specialty segments predicted to benefit from growing demand as well, especially in construction markets.

Logility Positioned as a Leader in the 2021 Gartner Magic Quadrant for Supply Chain Planning Solutions

Logility

According to Gartner, “Through 2023, demand for new functionality in supply chain management (SCM) business applications will be driven by the effects of changing business models triggered by digital transformation.”. ATLANTA – February 26, 2021 – Logility, Inc.,

RFID, AIDC, and IoT News Round Up for Dec. 29, 2020

Supply Chain Digest

Samsung Adds Bar Code Scanning to Select Smart Phones, Michelin to Put RFID in All Tires by 2023, Vibeq Networks Claims Breakthrough in RFID Tag Cost and Performance

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DHL to expand in South Carolina with 1.7 million square foot of warehouse and distribution centre planned

EFT

The first building is expected to be completed during the first quarter of 2020 with the remaining two additional facilities to be finished no later than 2023. DHL Supply Chain has said that it will spend $100 million to build the new facility on 125 acres it has purchased and named the acquired area “DHL Commerce Park.”. Primary Event: The 10th Annual North American Supply Chain Summit Précis: DHL Supply Chain is planning to add 1.7

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

How does eCommerce Affect Inventory Management?

EazyStock

Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023. Better Inventory Management for eCommerce.

Businesses need to act fast to get ahead of Extended Producer Responsibility

Proxima

One of the most seismic of these legislative changes will be the introduction of Extended Producer Responsibility (EPR) from 2023. The UK is coming into a period of major change in environmental policy.

How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

They suggested that, by 2023, digital transformation efforts would account for more than half of all information and communications technology (ICT) spending. billion by 2023. That prediction represents a combined annual growth rate (CAGR) from 2018 to 2023. Subscribe Here!

Artificial Intelligence (AI) & Machine Learning (ML) in Supply Chain Planning (Part 2 of 2)

Logility

According to a recent International Data Corporation (IDC) Digital Economy Model, by 2023 over 50% of all worldwide nominal gross domestic product will be driven by digitally transformed enterprises.

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.

The need to know

EFT

Maersk aims for carbon-neutral container shipping in 2023. The need to know from Reuters’ global network of journalists. Volkswagen points finger at suppliers over car chip shortage.

Catalog Management Systems market trends

Vinculum

million by 2023, at a Compound Annual Growth Rate (CAGR) of 7.0% The forecast period is from 2018 to 2023, whereas 2017 is the base year for estimating the market study. According to Market sand Markets, the global catalog management systems market is likely to grow to USD 1,190.0

Trends and Predictions 2020: Supply Chain

Enterra Insights

Micro-applications : “By 2023, supply chain micro-application extensions will account for one-third of all new technology investments in manufacturing and retail.” Warehouse Automation : “By 2023, 65% of warehousing activities will use robots and situational data analytics to enable storage optimization, increasing capacity by over 20% and cutting work order processing time in half.”

Trends 100

Will Construction Robots Be the Next Big Thing?

Schooled by Science

between 2018 and 2023. Read Time: 4 minutes Construction robots are taking over the market, with an annual growth rate of 16.8% How long before they become the next big thing? The post Will Construction Robots Be the Next Big Thing? appeared first on Schooled By Science. Manufacturing & Engineering

2020 The Year To Address The Elephant in Every Room – Data

ivalua

In another recent report, Gartner predicted that by 2023, organizations that don’t really tackle the issue of supplier master data management will very likely have the wrong information for half of their suppliers.

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Grandmas Have Discovered the Joys of eCommerce

Enterra Insights

In 2020, global e-commerce sales growth jumped three years in the first three months of stay-at-home mandates, with a share of overall retail matching 2023 predictions.

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.

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Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.”

Manhattan Associates signs with L’ORÉAL TO IMPLEMENT MANHATTAN Active® Warehouse Management

Manufacturing & Logistics IT

The first implementation is due to launch by mid 2021, with worldwide deployment across L’Oréal’s distribution centres expected by the end of 2023 Manhattan Associates Inc. has announced that leading beauty company, L’Oréal, has chosen to implement Manhattan Active Warehouse Management, a global, scalable and agile SaaS-based solution.

A New Technology Superpower: AIoT-The Convergence of AI and IoT

DELMIA Quintiq

By 2023. Source: AIoT Technologies, Integration, Infrastructure, Solutions, Applications and Services by Industry Vertical 2018 – 2023. When people hear the technology terms Artificial Intelligence (AI) and Internet of Things (IoT), most think of modern advances of a futuristic world that has been depicted in films over the past few decades like the Minority Report.

Trends and Predictions 2020: Technology

Enterra Insights

By 2023, Gartner projects more than half data will be created and processed ‘outside the data center or cloud.’ Gil Press ( @GilPress ), Managing Partner at gPress, reports analysts from IDC predict, “By 2023, more than 50% of new enterprise infrastructure deployments will be at the edge rather than corporate data centers, up from less than 10% today. The late futurist and science fiction writer Arthur C.

Trends 100

Why Final Mile Logistics Matter So Much

Shipchain

According to Statista , e-commerce sales are expected to surpass $740 billion by 2023, with no signs of slowing down. Final Mile, also commonly referred to as Last Mile, refers to the very last leg of any shipment’s journey: from the transportation hub to the end-user.

8 Tips to Help Procurement Optimize Supplier Master Data

ivalua

Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. That’s significant. Accurate supplier master data (SMD) is essential for procure-to-pay (P2P) automation, accuracy and analytics, but connecting data to users and systems sometimes gets bumpy.

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Trends 2021: Machine Learning

Enterra Insights

By 2023, Gartner predicts that 40% of infrastructure and operations teams in large enterprises will use AI-augmented automation, resulting in higher productivity. In both the academic and business arenas, there is a lot of buzz about artificial intelligence (AI); however, many computer experts point out that the term applies to so many different techniques it is often meaningless.

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