In a recent interview on supply chain management, Dr Bo Zhou, founder and CEO of FuturMaster, discusses the company’s plans for 2017, its growth strategy, and the global economic and technological developments that will impact its business in the years ahead. By Joanna Yuan, marketing manager, APAC, FuturMaster
Consumer-driven trends force businesses to innovate, and we can see this especially with the growing e-commerce trade worldwide. By Jorge Izquierdo, vice president, Market Development, PMMI
Online grocery shopping is accelerating at an enormous pace, and it is inevitable that e-grocers will have to start looking at automating their fulfilment centres in order to continue to meet the strong demand or risk being phased out eventually by competition. By Carsten Spiegelberg, general manager, Systems & Automation, SSI Schaefer
Singapore’s online grocery market is set to triple in growth over the next three years, from S$130 million (US$91 million) to S$0.5 billion (US$0.35 billion) by 2020, according to brand-new forecasts unveiled by international grocery research organisation IGD.
Technology is advancing rapidly, and even for food manufacturers, the time is now to grow their online presence through e-commerce in order to reap the full benefits. By Jane Rochstad-Lim