Each week we look for the best blog posts, articles, and commentary on supply chain orchestration, logistics innovation, and industry news to share.
This week we're reading about the latest global trade barometer trends from DHL, analysis from A.T. Kearney's re-shoring index, eMarketer's latest ranking of the top US online retailers, transportation execution and visibility systems strategies from ARC, and the debut of a blockchain prototype for aerospace and defense parts from Thales and Accenture.
DHL Global Trade Barometer Continues to Rise - By GT Staff, Global Trade (@GlobalTradeMag) - Using air and ocean logistics data, the Global Trade Barometer releases their predictions four times a year. Despite trade tensions, their predictions show growth over the third quarter of 2018. Regionally, the positive trend is mainly driven by optimistic outlooks for China and South Korea with the trade forecast for the US slightly improved from last quarter. The positive impact by these three countries was partially offset by reduced outlooks for India, Japan, and the UK.
'Clear Direction' Away from US Reshoring - By Andrew Allen, Supply Management/CIPS (@cipsnews) - US imports from low cost manufacturing countries grew by 8% in 2017, a record high not seen since 2011, according to A.T. Kearney's Reshoring Index. That exceeds the relative growth of US manufacturing's gross output in 2017. As the tariff war heats up, however, it's possible that trend could reverse in the future.
The Top 10 U.S. Online Retailers Are… - By Deena M. Amato-McCoy, Chain Store Age - Some eye-popping figures from eMarketer's latest forecast as Amazon is on track to capture 49% of the market, up from a 43% last year, and now controls nearly 5% of the total U.S. retail market. Also interesting to note that Amazon’s Marketplace sales represent an increasingly dominant portion of its e-commerce business — 68% compared to 32% for Amazon direct sales. Rounding out the top ten are eBay, Apple, Walmart, The Home Depot, Best Buy, QVC Group, Macy’s, Costco and Wayfair.
Transportation Execution & Visibility Systems Strategies for Success - By Chris Cunnane (@ccunnane), Logistics Viewpoints (@logisticsviewpt) - Drawing on his recent ARC research on transportation execution and visibility solutions, some advice for both buyers and vendors. We're pleased to see cloud and a focus on customer experience and expanded services are on the vendor advice list as well as machine learning for constraints (capacity, regulations, hours of service, etc.) resulting in more accurate giving ETAs.
Accenture and Thales Unveil Blockchain Tech to Support Aerospace and Defense Supply Chains - By James Henderson, Supply Chain Digital (@SupplyChainD) - With the potential to secure and streamline complex supply chains, Accenture and Thales teamed up to create a prototype solution that provides a single, shared view of the supply chain – and an immutable audit trail – for partnering suppliers, manufacturers and operators in the aerospace and defense industries. According to a recent research report from Accenture, 86% of A&D companies expect to integrate blockchain technology into their corporate systems by 2021.
That's our top five for the week. Did we miss any? Tweet us @MPObjects and let us know!