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THE LOGISTICS NETWORK DIRECTORY 2020/2021
The logistics industry is a cornerstone • Access to a list of pre-approved digital
of Singapore’s economy, contributing
about $7 billion in VA (Value Added) in 2018, with nearly 10 percent of the total workforce employed in this sector.
In order to retain its position as one of the top logistics hubs, Singapore recognises the importance of transforming the logistics industry. To adapt to challenges facing this sector and to ‘move’ with changing markets, Singapore recognises the need of the times is digitalisation.
Introducing the Logistics Industry Digital Plans (IDP) for Singaporean SMEs
Back in 2016, the Logistics Industry Transformation Map (ITM) was launched to catalyse enterprise level efforts to transform and grow the industry through productivity, innovation and developing local talent.
The Logistics IDP for Small and Medium Enterprises (SMEs) was then developed by the Infocomm Media Development Authority (IMDA) with support from the Singapore Economic Development Board (EDB) and SPRING Singapore, as part of ongoing ITM strategic plans to help local logistics companies to
adopt more digital technologies to drive innovation and improve productivity.
The Logistics IDP serves as a guide for local SMEs in the logistics industry as they work to digitalise their businesses, plug skills gaps and participate in industry pilot projects.
What is in the Logistics
IDP for SMEs
The Logistics IDP comprises:
• An industry digital guide to assess a local
logistics company’s position on the road to digitalisation.
solutions such as customer management or data analytics on Tech Depot, a one-stop platform for tech solutions and assistance channels.
• Collaborative projects (co-created by IMDA and industry leaders) and national initiatives that would benefit the logistics industry. These include in-mall distribution, federated lockers and the National Trade Platform.*
• Skills framework to enhance the digital skills of employees.
* Among the first projects that was highlighted under the IDP is a tripartite partnership between the IMDA and VCargo Cloud, together with Bollore Logistics (Singapore), Dimerco Express Singapore and LCH Lockton, to make use of digital technology to improve efficiency.
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