Digital Supply Chain Predictions!

Supply Chain Game Changer

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

EFT

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

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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

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. Supply Chain Collaboration Networks are a collaborative solution for supply chain processes. The post Supply Chain Collaboration Networks Outlook appeared first on Logistics Viewpoints.

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10 Ways IoT Can Improve Supply Chains

IQMS

The majority of enterprises are prioritizing their blockchain pilots that concentrate on supply chains improvements (53%) and the Internet of Things (51%) according to Deloitte’s latest blockchain survey. By 2023, blockchain will support the global movement and tracking of $2T of goods and services annually based on a recent Gartner. The Supply Chain Management enterprise software market is growing from $12.2B IoT in Supply Chains.

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

The Logistics & Supply Chain Management Society

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.

Trends and Predictions 2020: Supply Chain

Enterra Insights

One area in which there is no shortage predictions is the supply chain. Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. The supply chain has increasingly become a critical function for companies to realize their business aspirations and is a competitive weapon in the modern, digital economy.”[1]. Supply chain trends.

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

CH Robinson Logistics

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

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. CargoX estimates that courier costs alone for paper bills of lading account for $5 billion in supply chain costs.

Building the Future of my Supply Chain

DynaSys

On June 13th, we have invited our customers and partners to Bordeaux (France) to share their vision and plans to take their supply chain to the next level. . According to a recent annual industry report published by Deloitte in collaboration with MHI involving 1,116 supply chain professionals from a wide range of company types and industries. The expected impact of these digital innovations on the future of supply chain is very high.

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

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! What exactly is happening in the Clothing Supply Chain? 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. What’s Next for the Clothing Supply Chain?

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

TMC

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

What is Supply Chain Optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. What does supply chain optimization involve? Logistics and delivery coordination.

Supply Chain Optimization Software – A Comprehensive Guide for Manufacturers

ThroughPut

What is supply chain optimization? Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. What does supply chain optimization involve? Logistics and delivery coordination.

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.

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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. For discount retailers like Burlington, the supply chain is often a competitive advantage — and thus a secret recipe for success.

Pharma Supply Chain Management: The Key to Solving Pain Points

DSI

With a maze of regulations across global jurisdictions and even more complex, temperature-sensitive pharmaceutical and healthcare product requirements, the life sciences supply chain is under pressure to adapt. serialization, the next phase of the Drug Supply Chain Security Act (DSCSA), goes into effect next year for pharmaceutical manufacturers. How are supply chain leaders in the pharmaceutical and healthcare industries coping?

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

CH Robinson Transportfolio

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

Blockchain Makes a Strong Case for the Pharmaceutical Industry

Logistics Trends and Insights

Congress passed the Drug Supply Chain and Security Act (DSCSA) to address the problem and improve the security of the pharmaceutical supply chain to help eliminate counterfeit pharmaceuticals and enhance patient safety. Food and Drug Administration (FDA) began accepting pilot project proposals to identify solutions for meeting the 2023 requirements of DSCSA. pharmaceutical supply chain. By Amy Wunderlin.

Food Industry Delivery Trends!

Supply Chain Game Changer

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!

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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. We live in a fast-paced world and, in the current vernacular, customer expectations are off the chain. If you’ve never heard that term (or simply don’t understand it), off the chain means out of control — like having your pit bull getting off the chain in the back yard and tearing through the neighborhood. 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.”

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

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

Supply Chain Nation

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. According to the Institute for Supply Management (ISM), its manufacturing index rose to 60.2 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.

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

Supply Chain Nation

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. According to the Institute for Supply Management (ISM), its manufacturing index rose to 60.2 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.

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] ”[4] The AI savings discussed by the Capgemini analysts are an accumulation of the savings that can be found throughout the retail supply chain.

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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.

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.

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. Auditability – provide full audit trail of data within the supply chain.

The Internet of Things and the Retail Industry

C3 Solutions

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. million in 2023.

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. Auditability – provide full audit trail of data within the supply chain.

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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. Logistics Spending Jumped 11.4% 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.

Transportation TIP List: Week of May 12th, 2019

Transplace

Last week at our 17 th annual Shipper Symposium , we heard from a number of supply chain professionals and business leaders about current industry trends and solutions for shippers. 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! But supply chain leaders are failing to find suitable use cases.

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. Logistics Spending Jumped 11.4% 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.