PRESS RELEASE
Supply Chain Asia (SCA) to launch Singapore’s first Tech Accelerator Program (“SCA-TAP”) for startups to drive innovation in the supply chain and logistics industry
SINGAPORE – 25 March 2019
With constant new technology inventions and ongoing disruptions, the supply chain and logistics sector needs rapid transformation to meet the new market demands from businesses and consumers alike. The convergence of Internet of Things (IoT), Artificial Intelligence (AI) and blockchain, when integrated with more traditional supply chain management systems and business network practices, can power new levels of innovation and efficiency.
Riding this accelerated wave of transformation, Supply Chain Asia (SCA) has today officially launched Singapore’s first Tech Accelerator Program (SCA-TAP) to help startups to spur innovation and create technology-driven solutions to give the industry’s startup ecosystem a vital shot in the arm.
The Logistics Industry is one of Singapore’s key industries and expected to achieve a value-add of S$8.3 billion, and introduce 2,000 new PMET jobs by 2020. New technologies will disrupt traditional supply chains while e-Commerce and Omni channel Logistics are identified by the Logistics Industry Transformation Map as significant areas of growth for the Logistics sector. [Source:
Accelerating innovation, connectivity and support for startups
SCA is an appointed Startup SG Accelerator under the Startup SG program managed by Enterprise Singapore. Startup SG represents the shared interests of the startup community and positions Singapore as a leading startup hub. It provides entrepreneurs with a launchpad to connect them to the global stage, and a platform for access to local support initiatives.
The SCA-TAP, another industry initiative of SCA, is a platform for companies less than 5 years old – to test new logistics and supply chain applications including the test-bedding of innovations for faster, more flexible, and more ecologically-sound logistics and supply chain of the future.
It will also showcase the latest applied logistics and supply chain technologies and solutions in the industry in Singapore and Asia.
Said Mr Paul Lim, founder and President of SCA, “SCA-TAP will be a unique platform for the industry here in Singapore and Asia, whereby new solutions and technologies from corporations, startups and even individual professionals can set up their solutions in a controlled operating environment. The vision is to create synergistic networks for new ideas and accelerate their development from prototype to actual implementation.”
SCA’s Curated Events, Networking Platforms and Services
TAP-partners will be able to expand their network through participation in SCA’s curated events hosted throughout the year. An upcoming event would be the Innovation Day on 17 May which will be held at the Trade Association Hub. This full day event will showcase emerging tech solutions that include: Autonomous Robotics, Industrial IoT and Sensors, AI-application systems and use of Augmented Reality and Virtual Reality solutions for businesses.
SCA will provide various avenues to showcase and promote startups that sign up to become a TAP-partner. These avenues include the SCA Community Hub Café and the SCA Forum.
The Cafe is set up at the Trade Association Hub at Jurong Town Hall Road. Through the Community Hub Café, SCA will enable SMEs and companies alike to explore advisory and consulting services in the adoption of new technologies and innovation. TAP-partners can use the venue to host regular talks as well as promote their services in dedicated booths located at the Café.
TAP-Partners can also participate in the SCA Forum, an annual conference and exhibition that will be held in the 60,000 sq. ft. Resorts World Sentosa ballroom from 9-12 September 2019. More than 3,000 delegates and visitors will be expected at the event. TAP-partners can opt for various options to showcase their solutions and services, as well as participate in the Accelerator Pitch to get nominated with a presentation slot at the Accelerator Forum.
About Supply Chain Asia
Supply Chain Asia (SCA) is a non-profit professional body that aims to bring professionals from within the logistics and supply chain industry together to share knowledge, learn from one another and create opportunities for collaborations.
The three focuses of SCA are: connecting people from various sectors of the industry, encouraging communication amongst professionals and creating opportunities for collaborations. The four main pillars of the organisations are memberships, events, training and publication.
SCA holds various events annually to provide networking and learning opportunities for the community. The organisation provides training courses in logistics and SCM – providing skills that are applicable to the real working scenarios in the industry. SCA aims to develop a close-knit community within its members that continues to better itself by leveraging on SCA’s platform and services.
SCA has its own print publication – the Supply Chain Asia Magazine – which is also available in digital copy. For more information, please visit www.supplychainasia.org
Release issued on behalf of Supply Chain Asia by
Stratagem Consultants Pte Ltd
For more information, please contact:
Tham Moon Yee / Soh Tiang Keng / Julian Kay
Tel: 6227 0502
Email:
tmy@stratagemconsultants.com
tksoh@stratagemconsultants.com
julian@stratagemconsultants.com
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