07 February, 2005
category: RFID
- “China’s supply chains are inefficient. Logistics accounts for an estimated 20 percent of gross domestic product compared with about 8 percent of GDP in the U.S.”
- “In China, 21 percent of large corporations (including multinational corporations) outsource logistics to third-party logistics providers; in the European Union and the United States, approximately 45 percent of corporations do so.”
- “For Chinese firms of all sizes, outsourcing accounts for only 5 percent of all logistics spending, leading to massive duplication and underutilization of supply chain assets, such as ocean shipping containers.”