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May 2018
Supply Chain Tech & Software
Sectorwatch
Blockchain is also expected to disrupt the supply chain management industry in 2018 because it could save the shipping industry billions of dollars should they replace archaic systems used in cargo tracking. Blockchain will create efficient workflows so that companies can keep track of how goods are moving and its location. Shippers are finding ways to leverage innovations like Blockchain, to increase profits and tighten relationships across the supply chain. As such, they are partnering with service providers who understands blockchain’s potential in their businesses.
Industry Trends:
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- Current gross profit margin exceeds the average of the last 3 years gross profit margin, indicating supplier pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation