Supply Chain by the Numbers: July 18, 2007

Supply Chain by the Numbers

-July 18, 2007

The Numbers Worth Knowing this Week in Supply Chain and Logistics

This Week: World Oil Reserves are Flat; It Takes Lots of Parties to Make a Product in China; Double Digit Compound Growth in World Trade Since 1990; How Many Vendors Are RFID Tagging for Wal-Mart?

40-60 Million

The number of barrels of oil output per day the world should prepare for in 15-20 years, versus today’s total of about 84 million, according to energy consultant Robinson West. (See Supply Chain Graphic of the Week: World Oil Reserves).

The number of parties Jeremy Haft, an expert on China, says on average are required to produce a product in China, versus just three in the U.S.

11%

The average annual compound growth rate in world trade since 1990, according to McKinsey, which is about three times average global GDP growth in the same period.




600
The approximate number of vendors currently sending at least some RFID-tagged cartons to Wal-Mart.