LNME
EVENT REVIEW
Ritesh Somani, Director, Supply Chain and 3PL Trans, Amazon MENA
ADVANCED TECHNOLOGIES
TO RESHAPE SUPPLY CHAIN SECTOR
Over 60 industry leaders shed light on ways to accelerate digitalisation and sustainability within the supply chain, logistics and procurement industry at the Digital Supply Chain Show
T
he third Digital Supply Chain Show concluded on Wednesday, 25th May at Address Marina, Dubai. The anticipated event saw the successful participation of more than 300 supply chain experts from across the MENA region. Attendees and sponsors networked in person, reconnected with peers, and made new connections. Digital innovations that are accelerating visibility, efficiency, and predictability within the supply chain, logistics, and procurement industry were discussed at the event. Organised by Ventures Connect and supported by CIPS MENA, the primary focus of the event was on how companies in the region can set up and implement supply chain and procurement processes
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for improved resiliency, agility, and sustainability. Industry insights The Digital Supply Chain Show offered real-world examples and practical insights from supply chain giants like Amazon, DP World, Noon, Unilever, Lulu Group International, Chalhoub Group, ADNOC Group, Emirates Airline, Saudi Telecoms Company, and Mondelēz International. The practical examples demonstrated the efficiency gains possible when companies have a well-planned digital transformation and can access new knowledge by leveraging big data and technologies such as cloud, ERP systems, artificial intelligence, control tower and digital twins.
Organisations have learnt in recent years the importance of de-risking their supply chains, especially if they are heavily reliant on one supplier or country. Digitalisation and data intelligence is giving companies new, faster insights that will support their decision-making. “65% of the increase in price is due to supply chain issues globally and not because of demand issues,” says Dr. Ashraf Mahate, Chief Economist, Dubai Industries and Exports Increasingly, multinational corporations and people are pledging to associate only with companies and brands who adhere to social and environmental standards. Companies are expected to have a highquality sustainability strategy in place that allows them to meet their carbon reduction targets. The Digital Supply Chain Show explored how to build resilient and responsible procurement and supply chain operations, working with supply chains to reduce indirect emissions. Resilient digital supply chain “Leveraging emerging technologies is critical for increased accountability, transparency and efficiency and is one of the first steps towards building agile and resilient digital supply chain transformations,” says Baljeet Nagi, Director of SCM Sales Development & Strategy, Oracle. Speaking about the evolution of delivery and how each region differs. Ritesh Somani, Director, Supply Chain and 3PL Trans, Amazon MENA, shared how the variety of options offered by logistics and retail companies are adopting advanced WWW.CBNME.COM
