[vc_row css=”.vc_custom_1601989544795{padding-top: 32px !important;}”][vc_column width=”2/3″][vc_column_text]CIO Academy Asia, in close partnership with Ant Group and Veeam, hosted a breakfast Forum on “Redefining Digital Trust – Modernizing Supply Chain Strategies and Partnerships” on 8 Apr 2022 with some select CIOs and Directors from the CPG, Supply Chain and Government organization sectors. The audience were mostly CIOs from YCH, Proctor & Gamble, Roche, Zuellig Pharma, GE Healthcare, Goodpack, Luxasia, Alliance 21, just to name a few.
Mr P. Ramakrishna (Rama), the CEO of CIO Academy Asia, started the forum by highlighting that traditional linear Supply Chain business model will need to transform in the new Digital Age. Rama highlighted that there needs to be a new change towards a 360-degree Airport Control Tower model for better visibility, given the growing digitalization space involving the network of partners, suppliers and distributors in the entire Supply Chain! He also shared that today’s digital shoppers can now choose to buy on multiple channels, anytime, anywhere and on any device.
Mr Jeffrey Tan, Head of Group Corporate Development and Group Technology of YCH, being the largest home-grown Supply Chain company in Singapore. Tan elaborated on YCH modernization strategies in practice. He outlined 3 key strategies namely the Physical Cargo flow, the Information and Data flow and the Financial flow. Throughout his presentation, Tan highlighted practical examples of game-changing technologies that YCH has adopted which resulted with huge increases in efficiency and cost savings.
Mr Derrick Loi, General Manager, International Business, Digital Technology Division, Ant stressed that Digital Trust more than data is the new currency in the new economy. Loi explained that with Digital Trust, comes data computation naturally. Loi explained to the audience that digital trust can transform traditional cross-border trading, trade finances and food safety.
CIO Academy Asia then organized a panel of discussion comprising of Ms Avis Easteal of Luxasia, Mr Jeffrey Tan of YCH, Derrick Loi of Ant Group and Mr Casa of Veeam, with the CIO participants. This report is based on insights shared during this breakfast workshop.
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