The Technological Impacts on Trade,

Commerce & Logistics

Dr. Raymon Krishnan

Director, Corporate Advisory President
Asian Trade Centre The Logistics & Supply Chain
Singapore Management Society

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 Technology Touches Everything
Confluence of Technologies driving change

Industry 4.0

Source: Industry 4.0: Building the digital enterprise, PwC 2017

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 Can YOU Afford to Fall Behind?
All Industries in all Regions at Stake

Source: Industry 4.0: Building the digital enterprise, PwC 2017

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 The Future is NOW
Mainstream Digitalization in < 5 Years

Source: Industry 4.0: Building the digital enterprise, PwC 2017

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 Your Supply Chain Will
Fundamentally Change
Linear chain changing to inter-connected nodes

Source: Industry 4.0: Building the digital enterprise, PwC 2017

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 What Does This Mean For Us?

The Supply Chain professional needs to seize the

opportunities that exist today.

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 Drones / Autonomous Vehicles
Its estimated drones could reduce delivery costs by 80-90%. In Dubai the plan is
to have self-driving vehicles (of all kinds) account for a quarter of journeys made
in Dubai by 2030.
Key points:
Recognize drones have the potential to redefine the cost of last-mile logistics
Explore how drones can play a role within your international operations in
terms of inventory and goods transport
Begin testing with key drone partners
Be aware autonomous vehicles are maturing globally at a rapid pace
Acknowledge aerial and truck formats have the potential to disrupt supply
chains
Understand autonomous vehicles can improve transportation safety
Evaluate how and where autonomous vehicles can play a role in your
organization

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 Crowdsourced Delivery
Uberisation of Freight - InstaCart, Flexport, Roadie and Shipt

Key points:
Explore crowd sourced delivery capabilities, theyre expanding nationally at a
rapid pace
Evaluate partnerships to offer delivery of your products to consumers and
businesses
Create sticky purchasing behavior with customers by offering robust delivery
services
Expand sales by providing delivery services that increase the size of your trading
area

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 The Internet of Things
Connectivity:
Smartphones arent the only device to connect you to the Internet e.g. Samsung refrigerator
that lets you see its contents, shelf-aware systems.

Key points:
Evaluate IoT connectivity to gain new insights into your customers
Look to consumer and home IoT devices for inspiration on commercial applications

Takeaways:
Assess your companys ability to read, warehouse and act on IoT demand signals
Leverage new consumer and demand insights to rethink your supply chain
Take visibility beyond dashboards to true shelf-aware systems
Consider infrastructure requirements in store design and within supplier systems
Collaborate with trading partners to unlock the full capability of IoT
Think beyond scorecards and dashboard and work toward autonomous intervention
Look for opportunity but do not introduce technology for the sake of technology
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 Machine Learning
(Artificial Intelligence)
Advancements in machine learning is paving the way for even further human-
machine collaboration. Machine Learning has the ability to revolutionize your
supply chain.

Moving from predictive analytics to prescriptive analytics.

Key points:
Begin planning your machine learning data foundation today to leverage
emerging capabilities GIGO
Assess your organizations data maturity and hygiene
Understand machine learning capabilities by exploring available resources like
Googles AI Experiments
Recognize the key to machine learning systems is the training that goes into them

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 Blockchain Technology
Localized pilot programs
with global impact

Antwerp Port & PSA

Port blockchain pilot
300cubits: TEU Tokens
Provenance
Advances in Fintech /
Blockchain

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 In Summary

Huge opportunities exist for us to leverage on.

Plan and be selective on what you focus on and what you want to adopt and
when
Evaluate partnerships You do not need to do everything yourself.
Create sticky purchasing behavior with customers.
Do not use technology for technologys sake
The Supply Chain is global and rules around trade, data and fund transfers are a
crucial area that needs focus at the country and regional level
Beware of

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 Asian Trade Centre
The Asian Trade Centre is the premier regional thought leader, advocate and educator for
trade
Strategic, creative thinking for policy and regulatory challenges
Solutions for vexing trade problems
Practical advice and solutions for improving bottom line performance
Sensible input to craft modern trade agendas

Dr Raymon Krishnan
Director Trade Advisory
Asian Trade Centre
41A Ann Siang Road
Singapore 069717
www.asiantradecentre.org

The information, data and graphics provided by the Asian Trade Centre is for advocacy purposes. While we endeavor to provide the best quality information, we make no warranties with
respect to the use of the information which is voluntary. The information provided in this document does not constitute investment or legal advice. It should not be used, relied upon, or
treated as a substitute for specific professional investment or legal advice.

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