This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control. This is very helpful, especially when you use data pulled from real-time analytics. MORE

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Inventory Management. 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. The software allows inventory receiving and put-away, optimises shipping of orders and coordinating with material handling devices and yard management. MORE

E-commerce retail in the United States is projected to grow from 501 billion US dollars in 2018 to over 735 billion US dollars in 2023. Product data in local language. Logistics – The logistics of the drop shipment model – where the seller ships directly to the customer through DHL or a similar service to reduce inventory risk – can prove to be very expensive per unit for cross border e-commerce. The order is then shipped to this local partner. MORE

Adidas @adidas Adidas is expected to move nearly 20% of its production to more automated factories by 2023 , many of them potentially proprietary. In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. PST will ship the same day. MORE

Data from Shopify, in the year 2019, indicates that eCommerce sales on different platforms worldwide will go up to US$1.4 trillion by 2023. In contrary, mother-and-baby care product-focused platform, Orami, has a broad range of goods for that segment with free shipping in Indonesia. Sell on Marketplaces Globally Inventory & Order Management Cross Border Strategy Brands Multi-brand Retailers Marketplaces Industry Insights MORE

HVAC has a constantly growing market – especially a growing global market as emerging economies ramp up construction and additional end-users emerge (such as data centers who need to keep their machines cool and ventilated). With an ever-expanding market and continuous industry updates, HVAC distributors already have a lot to keep track of without trying to manually keep track of their inventory. Inventory Challenges for HVAC Industry. Complete Inventory Overview. MORE

This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Gartner also predicts that by 2023 intelligent algorithms and AI techniques will be an embedded or augmented component across 25% of all supply chain technology solutions. Inventory control. This is very helpful, especially when you use data pulled from real-time analytics. Leaner Inventory. MORE

John Monarch ( @realjohnmonarch ) reports, “Blockchain innovation in the supply chain shows great promise for enabling proactive management of shipping. Manufacturers may ship their products across the globe, but they lack key data about shipment location and status as packages move from sea port to port. She writes, “Connected devices can’t help an industry whose data is largely paper based. MORE

The USA tops the list of the largest consumer market in the world as per the data and the third largest country with high internet penetration. 257 users to increase by 2023 from 244 million in 2018. While choosing your product check for the warehousing requirement, shipping charges, refund policies and make sure all of these fees should not turn out to a loss-making venture. Logistics, packaging, shipping, and returns can burn your pocket if not managed prudently. MORE

Featured articles include info on a recent surge in shipping capacity and the impact of technology on the supply chain – we can’t wait to see you at next year’s Shipper Symposium in Austin! 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.”. MORE

According to data from the U.S. billion and are projected to surpass $735 billion in 2023,” according to Statista. According to Logistics Management’s 2018 Warehouse / Distribution Center Survey , “Respondents took a range of actions to lower operating costs, including improving processes, improving warehouse information technology (IT), improving inventory control, and leveraging a 3PL. According to data from the U.S. MORE

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” As technology, predictive analytics, and artificial intelligence rapidly advance, we are leveraging our global network of 1,000 data scientists, engineers, and developers to build solutions that increase our customers’ efficiency, visibility, and reliability. Supply Chain Technology Global shipping Innovation Technology MORE