Supply Chain by the Numbers: Week of February 5, 2009
 

-February 5, 2009
   
 

This Week's Supply Chain by the Numbers - China's GDP, 3PL Strategic Relationships, Oil Prices, RFID-Based Technology Growth

   
 

The Supply Chain and Logistics Numbers Worth Knowing This Week: China's GDP Tortured Statistics?; 3PL "Strategic" Relationship Disconnect; Fair and Square Oil Prices; RFID-Based Technology Growth Projection - Take Two
   
 
 
 

3

China’s new place in the global economy, as it passed Germany it appears, in terms of total GDP, though some question China’s official economic statistics. Nonetheless, a just upwardly revised number from China for 2007 says its GDP that year was $3.4 trillion, just ahead of Germany’s $3.3 trillion. China’s lead over Germany should have widened in 2008, though still leaving it still behind no. 1 (the US) and no. 2 (Japan).
 
 



 

18.5%

The number of third party logistics provider (3PL) relationships, out of almost 4000 tracked, that can be categorized as “strategic” (broader supply chain functions managed or “lead logistics provider" relationships), according to research released this week by Armstrong & Associates.
 
 
$60-$70

The “fair market value” that oil prices per barrel will settle at before too long, according to Stephen Schork, editor of the respected Schork Report and oil industry analyst, in an interview on CNBC this week.
 
 
 
 
9.2%

The revised level of growth for RFID-based technology for 2009, according to the researchers at VDC Research Group, still up in a very challenging economic climate, but well down from the 30.5% growth the company had projected last year for RFID in 2009.