Supply Chain Digital Revolution
Annual U.S. business spending on logistics now exceeds $1.5 trillion, and the U.S. is still the largest consumer market in the world. Retailers are under enormous pressure, and their number one goal is to better facilitate the flow of goods and improve the customer shopping experience. In short, to survive retailers need to dramatically improve their entire logistics process.
To optimize supply chain structure in the retail industry, technology providers are using information generated by ecommerce and tracking apps to operate more efficiently and increase shopper convenience. Analogous information has been used for years by shippers and carriers to track package in real-time.
Now, thanks to developments in blockchain and artificial intelligence, and new standards and protocols, all participants in the supply chain space should be able to reduce costs, improve logistics security, and manage their inventory more efficiently by integrating disparate information (social, weather, news, etc.) into their systems.
Recognizing the coming Fourth Industrial Revolution, investors are making significant investments into supply chain software, communications, and automation. For instance, according to a recent report published by Allied Market Research, the global supply chain management software market is projected to reach $24.5 billion by 2025, growing at a CAGR of 9.7% from 2018 to 2025.
Castle Placement has numerous investors in our network looking to invest in both supply chain technology and provide supplier finance in the U.S. and globally. Founded in 2009, Castle Placement raises equity and debt capital for private middle market companies across a broad spectrum of industries. Highly experienced investment bankers and a robust, data-driven, innovative technology platform – including artificial intelligence/machine learning – match great companies with global institutional investors. Castle Placement’s proprietary app, CPGO, connects companies with investors in real time. It has over 64,500 private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds, and lenders.