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I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Customers increasingly want customized solutions, and require specific logistics delivery requirements.
While it seemed like many companies would be moving more towards the BRIC countries, global events have proven this uptake to be relatively slow. The solution? No question the global supply chain is still going strong. However, the global economy has certainly gone soft…with the exception of the US! More of the same.
The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. However, outside the emergence of a newly discovered technology or energy source, an economic boom seems unlikely at this time. Picking productivity increased 140-170% for warehouses where the solution was implemented.
The economic rise of the BRICs will continue vs the West Europe, then North America, has been the dominant economic force for hundreds of years. Sources and References [link] [link] [link] [link] [link] Eric Beckwitt is CEO of Freightera.
Software is Eating Supply Chains. According to venture capitalist Marc Andreessen, “software is eating the world” and therefore eating supply chains with it. Business around the planet is increasingly dependent on IT and software applications. Software has eaten the world and supply chains with it. State of Play in 2018.
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