The U.S. has historically enjoyed a global economic advantage in part due to superior supply chains. It started in 1956, when Malcom McLean invented the modern intermodal shipping container, and founded Sealand – A Maersk Company.… · More It continued when FedEx built a next-day model in Memphis. And it accelerated when @Amazon pioneered its Prime program.
Today, technology drives competitive advantage in logistics. One key driver is robotics, which can be applied to storage, retrieval, transportation, pick/pack/ship, forklifts, and more.
Nowhere are these investments more aggressive than in China. China leads the world in industrial robots, representing more than 30 percent of the market. Quicktron Robotics was founded 5 years ago. It has already won Alibaba.com and scaled up to sell over 5,000 robots. @Geek+ is raising another $150 million, from GGV Capital, D1 Capital Partners, and Warburg Pincus LLC. And ecommerce adopters like JD Logistics and STO Express are investing heavily.
Will China emerge as the winner in logistics technology, and hence in supply chain as a whole?