Supply Chain Asia Forum (SCAF) 2012: Bridging the Gap
Written by Pascal Swinkels, European Logistics Hub
Supply chains in Asia differ from those in the United States and Europe. It is estimated that “some are three to five years behind the West and many are more in terms of technology adoption and innovation.” (2). The Supply Chain Asia Forum (SCAF) 2012 will provide insight into the development of supply chains in Asia.
Scheduled for August 28-30 at the Grand Copthorne Waterfront Hotel in Singapore, SCAF 2012’s theme is “Innovations & Talents in Supply Chain: Missing Links for Success.”
The forum is application oriented and interactive and attempts to bridge the gap between knowledge and supply chain needs in Asia (1). During these three days a very diverse program will be offered over three days, making this an interesting event for supply chain and logistic industry professionals of all levels.
SCAF 2012 program
Leading organizations will provide insight, challenges, and solutions for supply chains in Asia. The forum will include presentations and case studies that focus on innovation in supply chains. Multinational companies Dell Global, Motorola and Vocollect will share their case studies.
Several roundtables with panelists from leading companies in various industries will be offered. During these sessions executives will engage in strategic and thought-provoking discussions on the need for supply chain innovation.
Attendees can also participate in workshops and technical tracks, which are full with discussions and challenges. The program leaves ample time to network with other professionals and provides a unique opportunity to share experiences and knowledge with other industry professionals.
Supply chains in Asia
In most industries the supply chain is the main driver behind the competitiveness and overall performance of a company. A company with an efficient supply chain will derive value from this. This holds for (multinational) companies in the USA and Europe but in Asia supply chains are less competitive and more fragmented.
The gap between Asia and the West leaves Asia three to five years behind and is even more pronounced with regards to innovation and technology adoption. It is important the gap is acknowledged by industry professionals in Asia, who must cooperate in order to handle the challenges and seek solutions. Meanwhile, professionals around the world must be aware of supply chain challenges in Asia.
SCAF 2012 focuses on bridging the gap between knowledge and needs for supply chains in Asia. A diverse program, which involves many leading organizations and key executives, makes it an interesting and interactive event. This event provides many new insights into the challenges and innovations for supply chains in Asia, and how they differ from the West.
Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany