PwC launches new blockchain-based supply chain system in Australia
The Australian division of leading multinational professional services firm PwC has unveiled a new blockchain-powered supply chain system that will look to transform the country’s supply chain operations by simplifying international trade processes.
“As a trading nation, Australia relies on efficient and effective international supply chains to drive its economic engine room,” said Australian Chamber, Director of Trade and International Affairs, Bryan Clark.
“At present the current inefficiency across Australian supply chains has added to the cost of doing business, creating up to $450 in excess costs per container.”
Working with the Australian Chamber of Commerce and Industry and the Port of Brisbane, PwC created the new Trade Community System to ease the country’s growing supply chain traffic and deal with these inefficiencies more effectively.
The system will better track the flow of trading information on a digital network, both improving connectivity for participants in this supply chain, whilst also reducing costs and bettering productivity.
According to PwC, Australia’s five major ports deal with approximately 9mn container movements annually, with this expected to rise to 15mn by 2025, growth that this new blockchain platform will somewhat help in addressing.
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.