SINGAPORE (Oct 3): A new industry-led three-year roadmap developed by the Singapore Logistics Association (SLA) has been established to help more logistics companies understand technology applications and their adoption to speed up their digitisation journey.

This was announced by Koh Poh Koon, Senior Ministry of State for Trade & Industry, at the Singapore Logistics Forum 2018 held today.

To accomplish the roadmap’s objectives, new platforms will be established to showcase innovation technology and digital applications in logistics; piloting proof-of-concept projects through [email protected]; and driving adoption of automation.

SLA will also work with other members of Singapore’s Logistics Alliance to drive various initiatives covering technology and innovation, internationalisation, business transformation, as well as industry engagement and profiling.

These members are namely: CDAS (Container Depot Association Singapore), [email protected] (Singapore Aircargo Agents [email protected]), Singapore Transport Association (STA) and Centre of Innovation Supply Chain Management @Republic Polytechnic ([email protected]).

The project is expected to help more than 700 local logistics companies, and will be supported by Enterprise Singapore through its Local Enterprise Association Development (LEAD) programme.

“With strong networks and long understanding of the industry, the Logistics Alliance will be able to reinforce our role as change agents by implementing impactful initiatives and encouraging companies to adopt relevant innovation solutions to grow, partnering government to address industry challenges, and in the process, create good jobs for our people,” comments Tan Puay Hin, Chief Executive, SLA, on the new three-year roadmap.

On the side-lines of the forum, a supply chain & logistics strategic collaboration memorandum of understanding (MoU) was inked between Enterprise Singapore and a group of partners from industries.

Under the MoU, PIL Logistics, YCH Group and Warehouse Logistics Net Asia (WLNA) will provide their integrated supply chain solutions to support trade flows on the Commodities Intelligence Centre (CIC) – a joint venture between China’s Zall Group, SGX and Global eTrade Services (GeTS), and a global B2B commodity e-trading platform anchored in Singapore.

Enterprise Singapore says this will help these entities to capture value from cross-border commodities trading.

“We have made good progress since the introduction of the Logistics Industry Transformation Map (ITM) in 2016, especially in supporting logistics companies to build capabilities and internationalise. More than half of the projects supported were in the areas of innovation and digitalisation, whilst the rest involved helping companies venture into overseas markets,” says Ted Tan, deputy CEO, Enterprise Singapore.

“We also see stronger industry collaborations between industry associations, MNCs, SMEs, Institutes of Higher Learning, and Centres of Innovation (COIs). By working together with industry players, we will facilitate a more effective industry transformation,” he adds.