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 e-tail categories that Amazon hasn't conquered yet, the introduction of a new international air freight futures market, insights on what goes into Gartner's annual top 25 supply chains ranking, Walmart's new personal shopping service and the ambitious logistics innovation plans Alibaba is helping to fund.
Study: Amazon’s Market Share is On the Upswing Cross-Category — But Not All of Them - By Deena M. Amato-McCoy (@Deena46), Chain Store Age (@ChainStoreAge) - In its State of the Amazon Era Data Report, Q1 2018, Jumpshot, studied anonymous consumer actions within 500 online e-commerce sites and marketplaces then analyzed visits and conversions of different brand categories across these sites and found that Amazon converted well on commodity one-click items like batteries and cleaning supplies and in others like mens's sneakers, but lags behind competitors when it comes to sales across categories where it has a private label offering, with the exception of electronics.
International Air Freight to Have Tradable Futures Market - By DC Velocity (@DCVelocity) - In continuing digitization and modernization of all things logistics, Hong Kong-based group TAC Holdings announced the existence of an international air freight futures market to correct the "historical" pricing inefficiencies in the $100 billion global air commerce industry. The platform actually became available about three to four months ago on Bloomberg and Reuters databases.
Understanding the Gartner Top 25 Supply Chains 2018 - By Dan Gilmore, SC Digest (@SCDigest) - Ever wondered how Gartner determines their annual top 25 supply chains list? Dan Gilmore breaks it down, from the initial list building (Fortune 500 and Forbes 2000) to the publicly available financial metrics (inventory turns, revenue growth, and return on assets) they're ranked on and points out that these metrics are biased for some types of organizations over others, with lower inventory turns inherent at high service-level retailers, and high returns on assets which tend to work in the favor of organizations who outsource production and distribution.
Walmart Pilots Personal Shopper Service in NYC - By Ben Meyer (@ASBenMeyer), American Shipper (@AmericanShipper) - In the ongoing retail arms race, Walmart has launched Jetblack, a service which allows users to send “nearly any” shopping request to Walmart via text message. It will then find and deliver the appropriate products within one day at no additional charge. Walmart said it sees Jetblack as a sort of e-commerce concierge service.
Jack Ma Goes All-In On Smart Logistics Infrastructure Network - By Emma Lee, Tech Node (@technodechina) - Thanks to the rapid expansion of e-commerce in China (the country has gone from zero to 130 million parcels delivered a day in a relatively short amount of time) investment and innovation in logistics is on the rise. Cainiao, the logistics affiliate of Alibaba, is investing $15 billion to build the technical backbone for a smart logistics network aimed at improving delivery reach and efficiency with the ultimate goal of single-day delivery across China and 72-hour delivery worldwide.
So, that's our five favorite for the week of June 4th. Did we miss any? Let us know by tweeting us @MPObjects!