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. Blockchain supply chain applications are finding an increased adoption among industry verticals, including retail and consumer goods, healthcare and life sciences, manufacturing, oil and gas, and logistics. The global blockchain supply chain market is expected to grow from $45 million in 2018 to $3,314.6

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

The global logistics market is predicted to reach US 15.5 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. Even with large sums of money thrown at start-ups over the last few years, the logistics business is still a tough nut to crack. Here are a few blockchain startups in logistics that could cause massive disruption in the industry: ShipChain Shipchain is a U.S.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

Cerasis

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. Applying blockchain in logistics and supply chain management is about doing more with less, a common concept in business, and shippers need to know a few things about how it could add value to the shipping ecosystem. Blockchain Logistics Supply Chain

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. As per Business Insider , “Last Mile delivery is both the most expensive and time-consuming part of the shipping process,” so if retailers and their logistics providers want to stay competitive, they must look for ways to optimize their Final Mile services. . The post Why Final Mile Logistics Matter So Much appeared first on ShipChain Blog.

Digitalisation of Logistics Industry and its Impact

20Cube Logistics

With rapid growth in technology, the logistics industry across the globe is experiencing a paradigm shift with fast track development driven by unique innovation and sturdy growth in the evolution of technology. The new technologies are not only re-shaping the marketplace but also offering collaborative operation models for seamless logistics maneuver. during 2018-2023, reaching a value of US$ 1,374 Billion by 2023.

Cargo 43

Digital Supply Chain Predictions!

Supply Chain Game Changer

This is a lot to absorb in this short article, but it should be considered seriously by those intending to be operationally competitive in the logistics market moving forward. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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

Enterra Insights

Logistics providers know their job isn’t complete until every foot of the last mile is covered. Logistics providers sometimes feel anxiety similar to the anxiety neighbors experience when pit bulls are roaming uncontrolled in the streets. 4] In other words, the last foot of the logistics journey can be the most problematic. In order to succeed, retailers will have to orchestrate their logistics matrix strategically.” There are 5,280 feet in a mile.

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

Supply Chain Collaborator

The low-hanging fruit has all been harvested by shippers using TMS and other logistics IT solutions increase efficiency and save costs in transportation. So, how’s a shipper supposed to overcome the structural obstacles to cost-effective, efficient transportation logistics beyond what he’s already doing with his TMS? per year on average through 2023, according to the organization’s just-released Freight Transportation Forecast, 2017-2028.”

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

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. Coyote Logistics @CoyoteLogistics Coyote Logistics prides itself on its innovative logistics and supply chain philosophy.

Blockchain Makes a Strong Case for the Pharmaceutical Industry

Logistics Trends and Insights

Food and Drug Administration (FDA) began accepting pilot project proposals to identify solutions for meeting the 2023 requirements of DSCSA. One pilot accepted was the MediLeger Network, a working group of 24 industry-leading pharmaceutical manufacturers, distributors, retail chains, logistics partners and solution providers evaluating blockchain technology in the track and trace of prescription medicines in the United States. By Amy Wunderlin.

Meet Your Match

Inbound Logistics

3PLs and tech providers can empower ethical supply chains, winter warehouse tips, what is most important to carriers when working with shippers, Fleet Advantage 2018 benchmarking survey reveals fleet operators pulse about rising fuel and maintenance and electric trucks, female high school students, findings from 2019 Third-Party Logistics Study, Forrester forecasts that companies will spend $434.9

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.” Navisphere Vision gives our customers visibility to all inventory at rest at their facilities or supplier facilities and in motion throughout LSP (Logistic Service Providers) networks. Logistics Managed Procurement Services (MPS) Supply Chain Technology TMS Gartner Gartner Visability Manage TMS Supply Chain Visibility

Food Industry Delivery Trends!

Supply Chain Game Changer

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. When delivery happens at scale, with tens of thousands of orders each day (or more), the logistics behind it become increasingly complex, which is why chains managing delivery across multiple restaurants get the most value out of using delivery management software systems. Subscribe Here!

Food 64

The Upswing of Chinese Logistics Companies

Elementum

by 2020 globally, the logistics industry is booming. Logistics, the complex operation involving the movements of people, facilities, and supplies, is applied in every industry from manufacturing to retail to trade. The global logistics market is expected to grow from US $8.1T by 2023 between its different segments including roadways, waterways, railways, and airways. Germany is the most prominent logistics market in Europe, followed by the UK and France.

China 60

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. By 2020, Discrete Manufacturing, Transportation & Logistics and Utilities industries are projected to spend $40B each on IoT platforms, systems, and services. IoT adoption is flourishing in manufacturing, transportation & logistics and utilities.

Trends and Predictions 2020: Supply Chain

Enterra Insights

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Process Automation : “By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory and shipment tracking.” Greeting the new year is like walking into a dimly lit room from the bright sunlight.

Trends 100

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. The post The TMS Outlook appeared first on Logistics Viewpoints. Transportation Management Systems IoT logistics TMS visibility

Study 68

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

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.

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

Supply Chain Game Changer

So are the environmental impacts associated with the production and logistics in the Clothing Supply Chain. Goodwill and Salvation Army) market will grow phenomenally from $24 Billion in 2018 to $51 Billion in 2023. Freight and Logistics Retail Supply Chain Supply Chain Management Apparel Carbon Footprint ClothingSubscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! Videos).

Food 55

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. 3PL Retail Supply Chain Amazon friday in 5 logistics retail technology Whole Foods

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. Retail Supply Chain Amazon friday in 5 logistics retail technology Whole FoodsWelcome to Friday in 5: news from around the supply chain landscape, served up in one spot to keep you up to date and informed.

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 post The Managed Transportation Services Outlook appeared first on Logistics Viewpoints.

Latin America's e-commerce problem

EFT

Logistical problems – including delayed shipment or unfulfilled orders – have prevented consumers from engaging with e-commerce in the past, but solutions such as offering better refund and return policies can increase consumer satisfaction. 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.

Multiple Constraints of Route Planning in ASEAN

Abivin

Will ASEAN’s logistics industry rise to challenges? 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. Source ASEAN is witnessing a growing middle class with increased spending power, which results in a thriving demand for logistics as consumers require better, more varied products and services delivered to their doorstep.

Surviving the Retail Apocalypse

Enterra Insights

The staff at Material Handling & Logistics magazine report, “A new survey finds that 85% of retail and 79% of consumer products companies surveyed plan to be using intelligent automation for supply chain planning by 2021.”[3] for SAP, notes, “[An intelligent supply chain can improve] all business processes required for the selling of products: design, planning, engineering, manufacturing, logistics, warehouse management, transportation and customer service.”[5].

Retail 100

Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

Increasingly, the use of blockchain technology outside of the financial services is also becoming more frequent and prominent, especially in sectors such as healthcare, manufacturing and logistics. billion USD by 2023. Speed up delivery and enable smoother logistics. Everybody is talking about blockchain these days, some are even referring to it as the next disruptive technology that will change the retail industry.

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

CH Robinson Transportfolio

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” Navisphere Vision gives our customers visibility to all inventory at rest at their facilities or supplier facilities and in motion throughout LSP (Logistic Service Providers) networks.

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

TMC

According to Gartner, “By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.” Navisphere Vision gives our customers visibility to all inventory at rest at their facilities or supplier facilities and in motion throughout LSP (Logistic Service Providers) networks.

The Internet of Things and the Retail Industry

C3 Solutions

million in 2023. 13] " Walmart testing drone in warehouses ", Anne D'Innocenzio, Inside Logistics , June 3, 2016. [14] 14] " GE Appliances opens US$55 million smart DC ", Inside Logistics Online Staff, Inside Logistics , June 18, 2019. [15]

Blockchain – The Answer to the Future of Retail?

EV Cargo Technology

Increasingly, the use of blockchain technology outside of the financial services is also becoming more frequent and prominent, especially in sectors such as healthcare, manufacturing and logistics. billion USD by 2023. Speed up delivery and enable smoother logistics. Everybody is talking about blockchain these days, some are even referring to it as the next disruptive technology that will change the retail industry.

Cargo 40

Trends 2019: Supply Chain

Enterra Insights

Janie Ryan ( @janiemryan ) writes, “As sanctions on Iran go into effect and Iranian oil exports decline, global oil prices could rise, putting even more pressure on logistics providers. She writes, “For now, and into the foreseeable future, the logistics industry should be indexing on better recruiting and retention methods to grow its workforce.” ” Last-mile logistics. We live in hectic times. The U.S. is in a trade war with the world.

Trends 100

Online Grocery Sales Continue to Grow

Enterra Insights

When it comes to processes, Sacra writes, “Pay careful attention to the areas of your business that are most likely to be affected by the introduction of new e-commerce technology, including IT, procurement, operations, logistics and other departments, as they’re more likely to feel overburdened and undersupported during times of extreme change. 1] Krishna Thakker, “ Report: Online grocery sales set to quadruple by 2023 ,” Grocery Dive , 28 October 2018. [2]

Report 100

50 warehouse automation stats you should know

6 River Systems

Among distribution centers with three or more buildings, 28% had six or more buildings in 2016, 22% had six or more buildings in 2017, and 27% had six or more buildings in 2018, according to Logistics Management. According to Logistics Management , the average clear height of distribution centers was 32.7 “CBRE’s third-quarter 2018 industrial and logistics indicators were over-performing nationwide, in most markets, both primary and secondary.

Building the Future of my Supply Chain

DynaSys

According to Analysts such as IDC, “by 2024 over 60% of manufacturers will rely on AI (Artificial Intelligence) to drive digital transformation across the supply chain, leading to productivity gains of 20%” and according to Gartner “by 2023 at least 50% of large companies will be using AI, advanced analytics and IoT in their supply chain operation”.

The need to know

EFT

billion in the e-commerce giant’s Cainiao, three people said, at a time when Alibaba has been increasing its holdings in the logistics affiliate. German logistics group Deutsche Post AG said its dependence on Amazon is falling as the coronavirus crisis prompts a big rise in parcel shipments by other customers which it expects to continue in the second half of 2020. Survey Reveals 33% of Supply Chain Leaders Moved Business Out of China or Plan to by 2023.