The NUS Innovation Access Program’s 2018 Industry Roundtable Series kicked off on Thursday 25-January with a session focused on the logistics industry. More than 50 corporate executives, startup founders, researchers and academics filled the seminar room at the Franklin in Science Park 1 to discuss how digitisation is rapidly disrupting the business of delivery.
Dinesh Kanapathy, Projects Director at DB Schenker, kicked the session off with insights into how the Internet-of-Things (IoT) and related technologies are being deployed to enhance reliability, service quality and efficiency of supply chain management and fulfilment processes. Dinesh also discussed the challenges faced by companies trying to incorporate fast changing technologies into their operations and revealed that collaboration with ecosystem partners was a crucial element for successful digital transformation at DB Schenker.
Dr Li Haobin, from the NUS Department of Industrial Systems Engineering and Management, followed next with a presentation on a Warehouse Digital Twin platform that is being developed at the Centre for Next Generation Logistics (C4NGL). This platform utilises novel modelling methods and optimisation algorithms to guide the design of efficient warehousing facilities and operations. Logistics focussed research centres at NUS such as C4NGL and The Logistics Institute – Asia Pacific (TLIAP) are key resources for channeling emerging technologies into the industry.
Two startups – VersaFleet and Haulio – wrapped up the session by showcasing real-world deployments of cutting-edge, AI-powered logistics solutions. VersaFleet, a growth stage startup that was conceived through the NUS incubation program, has developed a Software-as-a-Service (SaaS) delivery route optimisation solution that has experienced 350% year-on-year growth and is being actively used by thousands of drivers across the world. Haulio is a much younger startup that has taken on the challenge of streamlining container port haulage operations with connected sensors and the power of machine learning. The roundtable participants then broke for a networking lunch where a number of potential partnerships and collaborations were mooted and discussed.
The purpose of these roundtable sessions is to bring together corporate innovators, technologists and startups around targeted industry applications of Internet-of-Things (IoT) related technologies. The aim is to spur collaboration and to support any resulting co-innovation projects with the deep pool of talent, research and startups available at NUS. Upcoming roundtable sessions will focus on sensor data analytics (March 8th) and security considerations for connected solutions (April 19th). Do mark the dates in your calendars and look out for the invitations to these events.