trillion in 2023." A fact that isn't lost on some of the industry's oldest carriers as well as a slew of start-ups, all aiming to be the world leader in supply chain digitization. Greater supply chain transparency. MORE

trillion in 2023. As a result, venture capital has poured into logistics startups over the last few years in an attempt to digitize the supply chain. The inherent nature of blockchains - decentralized, immutable distributed ledgers, and not reliant on intermediaries - are perfect for supply chains. where Perdue will get improved visibility of where any product is throughout the supply chain and improve communication with carriers. MORE

Intermediaries may include financial experts, data analysts, freight auditors, and more. Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. In general, today’s supply chain executives and managers continue using outdated, manual data entry processes, which will increase risk. MORE

RPA as it is also referred to, has the capability to transform supply chain management. For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. MORE

during 2018-2023, reaching a value of US$ 1,374 Billion by 2023. Implementing technologies like IoT, data analytics, sensors and robotics is changing the complete roadmap of logistics. With digitalisation, the process is more streamlined with customers receiving real-time data with respect to available containers, rates, etc. IT helps to gather data about the cargo and push it automatically to the platform. Thus avoiding duplicate data capture in disconnected systems. MORE

B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). Suppliers are B2B companies that are the source of goods in most ecommerce supply chains. trillion by 2023. Provides detailed data reports. MORE

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Restaurant delivery has grown 20% in the last five years; while estimates differ, online food delivery sales are estimated to grow as high as $220 billion by 2023 – 40% of total restaurant sales. Today, it’s one of the few restaurant chains that doesn’t hand over a large chunk of its delivery revenue to third party providers. Subscribe Here! MORE

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Adidas @adidas Adidas is expected to move nearly 20% of its production to more automated factories by 2023 , many of them potentially proprietary. For discount retailers like Burlington, the supply chain is often a competitive advantage — and thus a secret recipe for success. MORE

Automotive supply chains will need to plan and analyze for different scenarios in both the medium and long-terms. The survival of every organization in the automotive supply chain will depend on it. Supply chains will need to take into account the following: The rise of autonomous vehicles The impact of ride sharing The global economy The adoption of electric vehicles The volume scale down of the internal combustion engine The impact of Industry 4.0 MORE