Port of Montreal and CBSA launch blockchain trial for trade digital transformation
CBSA and Cana...
The Port of Montreal, and the Canada Border Services Agency (CBSA) have launched a trial using blockchain to streamline freight shipping.
CBSA and Canada’s second largest port have joined the TradeLens solution, which has been developed by Maersk and IBM.
The solution uses blockchain technology to promote efficient and secure trading, aiming to for digital transformation in the sector.
“We are convinced that joint work on a global scale is part of the key solutions to achieve a better flow of information and goods for the benefit of clients and partners,” remarked Sylvie Vachon, President and CEO of the Montreal Port Authority.
“TradeLens is fully aligned with our objectives and business strategy centred on innovation and efficient shipping.”
The technology solution will enhance the port’s business intelligence to better resource planning.
“With TradeLens, the Port of Montreal will be better able to control delivery and operation schedules, provide easier access to clearance and billing documents and bring greater fluidity, efficiency and transparency to international shipping,” commented Jack Mahoney, President of Maersk Canada.
The destination port has five container terminals as well as its own railway within the grounds of the port.
“We believe blockchain can play an integral role in digitizing and reinventing shipping for organizations like the Port of Montreal, who are responsible for processing over 38 metric tons of cargo annually,” stated Ayman Antoun, President of IBM Canada.
“TradeLens provides a common approach to building a strong, secure and connected digital shipping network that benefits all participants equally.”
“Our work with Maersk has shown that blockchain can be used to transform a vital part of how global trade is conducted as members like the Port of Montreal and CBSA begin to interact more efficiently, securely sharing important transactions through real-time access to shipping data and shipping documents.”
New speakers announced for Procurement & Supply Chain Live
Two leading executives in supply chain transformation have been confirmed for this year's Procurement & Supply Chain Live event.
Procurement & Supply Chain Live is the perfect opportunity to hear from prominent executives at the world’s leading procurement and supply chain businesses. The event will be streamed live from Tobacco Dock, London via the leading networking platform Brella.
The three-day show, running 28-30 September 2021, is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats.
We take a look at the latest additions to the already amazing lineup of speakers announced so far, and what they will bring to the flagship event.
VP Global Supply Chain at Macmillan Education Ltd
Shaun Plunkett has over 30 years of supply chain leadership experience in FMCG, entertainment and media sectors, supporting multi-billion euro businesses including Universal Music, EMI, Sony Music, Harper Collins and Associated British Foods. He has a track record of successfully delivering transformational change coupled with award winning operating models and developing and coaching global teams. Plunkett says that challenging the status quo is at the heart of what drives him on a daily basis - and encouraging others to continuously push the boundaries.
Read more about Plunkett’s involvement in Macmillan Education’s supply chain transformation HERE
Digital Transformation Lead, Oracle UK and Board Member, CILT at Macmillan Education Ltd
Vikram Singla is digital transformation director at Oracle, UK. He helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organisations. He also serves on the board if CILT (Chartered Institute of Logistics and Transport) – UK and is an Honorary Visiting Fellow at Anglian Ruskin University. Singla has more than 25 years’ experience in the technology sector, and in global supply chain transformation, including deploying business transformation programmes for Fortune 500 firms. In his spare time, Singla is a passionate brand ambassador for Cancer Research.
Plunkett and Singla join a growing line-up of speakers, including: Sheri R. Hinish, IBM; Robert Copeland, G4S; Daniel Weise, BCG; Mark Bromley, Mastercard; David Loseby, Rolls Royce; and Ninian Wilson, Vodafone Procurement Company.