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.

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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How Did the Digital Supply Chain Evolve?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Digital Supply Chain Overview! Digital Supply Chain evolve article and permission to publish here provided by Megan R. People often position the digital supply chain as essential for helping today’s businesses succeed. What a digitized supply chain entails, though, changed over the years due to the evolution of technologies and how people use them. billion by 2023.

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

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.

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.

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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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. In study after study there is evidence of the growing use of AI & ML across all business functions, including supply chain planning. There are AI/ML capabilities available today being used to enhance supply chain planning operations.

Four Ways Blockchain Will Transform Supply Chain…and Beyond

ToolsGroup

The new blockchain ledger is challenging old ways of thinking–and will enable a new generation of game-changing solutions in supply chain and everyday life. . With blockchain-based supply chain management, sensors and RFID tags can pinpoint the origin and current location of goods. Blockchain also allows provides a quick and convenient method for payments in a global supply chain.

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.

How AI & Machine Learning Will Transform Supply Chain Management Through Software-Driven Automation

Accelogix

He explains his personal journey from supply chain AI/ML skeptic to optimistic believer and how these technologies will radically transform supply chain planning and warehouse automation in the future. As you may already suspect, an inconvenient truth is that many much-hyped AI and ML-based technologies cannot easily be applied to many micro-scale supply chain challenges – at least not in real-time.

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.

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.

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? We now have welcomed Supply Chain 4.0

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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Supply Chain Analytics Market to Double to $7.1 Billion in Next Five Years

StockTrim

Recent research (link below) estimates the global supply chain analytics market to grow from USD 3.6 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. billion in 2018 to USD 7.1 during the forecast period

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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Blockchain in the Supply Chain is Only a Few Links Long

Enterra Insights

The global supply chain appears to be a perfect arena for blockchain technology. John Monarch ( @realjohnmonarch ) reports, “Blockchain innovation in the supply chain shows great promise for enabling proactive management of shipping. Payment processing is only the tip of the iceberg, and major companies around the globe are turning to blockchain to solve their supply chain visibility and traceability challenges.”[1]

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.

The Top Benefits of Automation in a TMS

MercuryGate

The need for automation within the supply chain is omnipresent. 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.

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.

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Techgistics

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.

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! Uncategorized master data master data management Procure-to-Pay Spend Management supplier relationship management Supplier Risk supply chainJarrod McAdoo, Senior Product Marketing Manager, Ivalua.

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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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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. Blockchain Final Mile Logistics Shipping Supply Chain

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

EFT

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.”. 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. Primary Event: The 10th Annual North American Supply Chain Summit Précis: DHL Supply Chain is planning to add 1.7

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

ivalua

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. Source: 2019 Supply Chain Data Quality and Governance Study.

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How Blockchain Can Improve Manufacturing In 2019

IQMS

By 2023, 30% of manufacturing companies with more than $5B in revenue will have implemented Industry 4.0 Supply chains are the foundation of every manufacturing business, capable of making use of blockchain’s distributed ledger structure and block-based approach to aggregating value-exchange transactions to improve supply chain efficiency first. provide valuable insights into how blockchain can improve supply chains and manufacturing.

The Transformative Tech Your Supermarket Can’t Afford to Ignore

Repl Group

to £218 billion by 2023, securing your slice of the supermarket pie has never been more important. billion by 2023, an increase of over 52%. The UK’s biggest chain, Tesco, is fighting back with the launch of Jack’s, its first discount grocery stores which they claim will be the cheapest in town. ADAPT Demand Machine Learning REPL News Retail Solutions Supply Chain T&A Uncategorized @us Warehouse Management Systems Workforce Management News REPL REPL Inisght Retail News

Digitalisation of Logistics Industry and its Impact

20Cube Logistics

during 2018-2023, reaching a value of US$ 1,374 Billion by 2023. We, at 20Cube Logistics, believe in offering the real picture to our customers on the consignment status, through our supply chain collaborative platform ‘MyHubPlus’, a 24*7 digital portal that allows the customers to have a tab on their consignment. Digital Logistics Freight Forwarding Logistics Ocean Freight Supply Chain Management Technology

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3 Technologies Transforming Modern Manufacturing Techniques

USC Consulting Group

In order to drive process improvements on the shop floor, manufacturers — and companies that use the products made by them — are successfully adopting, installing, and allocating innovative technologies through the advent of modern machine manufacturing techniques, which in turn optimizes the supply chain. billion come 2023, according to a report from Markets and Markets. The U.S. economy is experiencing a period of job growth.

Demand for Basic and Specialty Chemicals Continues to Grow

Material Handling and Logistics

Housing, business investment and their supply chains have momentum. based chemical manufacturing remains advantaged in global markets due to abundant energy and feedstock supplies. 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.