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Logistics sector's digital plan to bring industry leaders together to collaborate

SINGAPORE'S various industry groups will begin to unveil industry digital plans (IDPs) in the coming days, with the logistics sector strategy kicking off the initiative, Finance Minister Heng Swee Keat said on Wednesday.

These IDPs under the SME Go Digital Programme serve to help SMEs (small and medium enterprises) build up their digital capabilities. The IDPs are tailored to each sector, aligned to the objectives of the sector's Industry Transformation Maps (ITMs), and guide SMEs' deployment of digital technologies at different stages of their growth.

For a start, the Logistics IDP will bring industry leaders together to collaborate on projects to help more companies adopt impactful, inter-operable tech solutions.

The Info-communications Media Development Authority (IMDA) will embark on three partnerships with cloud solutions provider VCargo Cloud and three major logistics players - Bollore Logistics, Dimerco, and LCH - to work with SMEs on digitalisation, Mr Heng told his audience at the Future Economy Conference and Exhibition 2017.

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In support of the urban logistics initiatives relating to the Logistics ITM, the Singapore Management University, Fujitsu, A*Star and the IMDA will also co-develop a solution to coordinate and optimise delivery trips into malls and participating facilities across Singapore, using complex algorithms.

"Such multi-stakeholder collaborations can benefit many companies and uplift the entire sector. We need more industry bodies and leaders to participate and contribute to meaningful collaborations in each of, and across, our industry sectors," Mr Heng said.

On how the Singapore Business Federation (SBF) has been driving efforts to support the government's transformation efforts, Mr Heng pointed out that it is working with partners to help businesses build digital capabilities and adopt digital technologies.

The SBF and the IMDA are also signing a Memorandum of Intent (MOI) to collaborate on strategic projects to drive digital transformation across the business community.