The global blockchain in supply chain market is forecast to maintain a compound annual growth rate (CAGR) of over 48% between now and 2023, reaching a total valuation of $424mn of the end of the period.
Global blockchain in supply chain market to reach $424mn by 2023
[fa icon="calendar'] Apr 20, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
40% of logistics companies will offer 2-hour delivery by 2028
[fa icon="calendar'] Apr 17, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
Many retailers are already using in-store inventory to fulfill online orders in a short timeframe, and that's expected to increase as 40% of logistics companies anticipate offering two-hour delivery by 2028, according to a recent survey of more than 2,700 professionals in transportation, logistics, retail and manufacturing conducted by Zebra Technologies.
H&M's turnaround runs through its supply chain
[fa icon="calendar'] Apr 13, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
The world of fashion may have gotten too fast for Hennes & Mauritz (H&M), which last week reported yet another poor financial quarter.
Comment: Achieving a sustainability-centric retail model
[fa icon="calendar'] Apr 10, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
Sustainability is increasingly becoming a board level issue, with 42% of fashion brands now publishing information on suppliers. But how can a retailer embed sustainability good practice into every aspect of the business? Alan Gunner, Business Development Director, Adjuno, considers the next steps for sustainable retailing.
Global logistics spending set to soar to $10.6trn by 2020
[fa icon="calendar'] Apr 6, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
Global logistics spending is expected to reach $10.6trn in 2020, with transportation accounting for the majority at 70%, according to a new report.
Research by Frost & Sullivan predicts that technologies such as cloud computing, big data, and crowdsourcing, coupled with an influx of tech-savvy start-ups, are unbundling the value chain and transforming delivery models.
SF Express secures first drone operator license
[fa icon="calendar'] Apr 3, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
Jiangxi Fengyu Shuntu Technology Co. Ltd., a subsidiary of China’s largest privately owned logistics service provider, SF Express, has received the first drone operator license in the country, The Paper reported.
The trial license, granted by the East China Regional Administration of the Civil Aviation Administration of China, was issued in the context of an exploration of the licensing management.
How universities are grooming talent for the future supply chain
[fa icon="calendar'] Mar 30, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
While the University of Tennessee Knoxville (UTK) holds two student job fairs per year, the supply chain program has so much interest, it holds its own fairs. Around 160-180 Fortune 500 companies come each fall and spring to recruit the 1,000 supply chain students for internships, co-op programs and full-time jobs.
Consumers want their deliveries to be free and fast
[fa icon="calendar'] Mar 27, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
Consumers are becoming ever more demanding when it comes to getting their purchases delivered, with growing numbers demanding a service that is both free and fast.
According to a AlixPartners survey, the maximum delivery time the average shopper will accept has fallen to 4.5 days, down from 5.5 in 2012.
The finding underscores how strongly market leaders such as Amazon and Walmart influence shopper expectations, said the company.
Advances in Last-mile Delivery Take Shape
[fa icon="calendar'] Mar 23, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
If there ever was a scrum in the supply chain, it’s last-mile delivery. And it’s a worldwide scrum, no less.
From China to Europe to the U.S., companies as divergent as Amazon, SF Express, Shipt, Instacart and XPO Logistics are pushing and shoving their way through the last-mile delivery maze.
Retailers: Supply chain visibility trumps same-day delivery
[fa icon="calendar'] Mar 20, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges, Routing and scheduling
Dive Brief:
- Retailers are more interested in full supply chain visibility and precision rather than same-day delivery operations, according to a report released by last mile solutions provider Localz and eft Supply Chain and Logistics Business Intelligence, a networking agency for supply chain business leaders.
- The report highlights the development of what Localz calls the individual economy, or "Iconomy," denoting the trend that consumers want what they want, when they want it.
- According to Localz CEO Tim Andrew, retailers and consumers are more interested in full control of their orders and shipments than they are in immediate delivery, which accounts for the rise in direct-to-consumer delivery methods.