In the 2nd Supply Chain Leadership Forum, Mr. Chung Ming Law delivered a thought-provoking speech addressing critical challenges in the post-COVID era. Themed “Futurecasting Supply Chain – The Paradigm Shift of Planet and People,” the conference spotlighted climate change’s profound impact on global supply chains, emphasizing floods, heatwaves, and the need for resilience.
Mr. Law highlighted the importance of Collaboration, Innovation, and Sustainability (CIS) for Singapore’s ecosystem growth. Collaboration emerged as crucial for resilience, emphasizing tight connections with supply chain partners. The Trade and Connectivity Challenge (TCC), an innovation initiative, encourages proactive problem-solving globally.
SGTRADEX, a digital backbone, aims to streamline data exchange for sustainability, addressing challenges faced during COVID disruptions. Mr. Law advocated a global mindset, urging collaboration across supply chains, transcending individual sectors. Overcoming data-sharing challenges was emphasized, encouraging an open-minded approach inspired by successful models like the Commodities Intelligence Center.