Dive Brief:
Roughly 20% of production for Nike and Adidas AG shoes will happen within automated factories by 2023 according to Morgan Stanley forecasts, driven in part by the "wear it now" mentality of modern e-commerce shoppers, Market Watch reported .
Lead times in future supply chains will drop by 66% or more, making products available faster and reducing Amazon’s e-commerce footprint. The athletic wear industry is forecast to expand to $355 billion from $290 billion, stealing market share from more traditional areas of apparel. Dive Insight: The overseas jobs that most welcome future automation currently are rote, menial […]
Full Post at www.supplychaindive.com