, ,

Supply Chain, Innovation, & Technology (#SCIT2019) - Event Summary

, ,

More than 800 Supply Chain Professionals from 15 Countries Attend Supply Chain, Innovation & Technology Conference 

The Worldwide Supply Chain Federation (#TWSCF) held its inaugural global summit on June 19 and June 20, 2019 in New York City. The 2-day conference was hosted by Microsoft Reactor NYC and Microsoft For Startups in NYC. 

The Supply Chain, Innovation and Technology Summit (#SCIT2019) is produced by The Worldwide Supply Chain Federation. Attendees of this FREE global gathering are the most obsessively enthusiastic technologists, supply chain executives, professionals, academics, entrepreneurs, and investors from around the world.  

BUYERS & BUILDERSTM of innovations for future-ready global supply chains came together over two days to talk about how technology is transforming their respective industries. 

Here are the highlights… 

Day One #SCIT2019 put all the emphasis on the future of supply chains - globally, and across industries.  Innovators in Fashion Technology, Logistics, Maritime and BlockChain talked about a variety of issues including:

  • What problems remain that need to be solved? 

  • What problems have now arisen that we did not anticipate even a decade ago? 

  • What is now possible with software-enabled technologies? 

  • How can intra-industry and inter-industry collaboration between BUYERS & BUILDERS help make this future a reality? 

  • Why is this an important discussion we need to have now?

DAY ONE SESSION HIGHLIGHTS - BUYERS

The first day of #SCIT2019 focused on people and organizations who want to buy new innovations for supply chain. 

Keynote with Q&A: Paul McCulloch, NYC Cyber Law Group

Title: The T.A.O of Supply Chain — Technology, Architecture, & Operations

Link to YouTube Video: #SCIT2019 Day I Welcome Remarks, Keynote, & Fashion Track

Notes: Paul’s keynote presentation starts at about 19 minutes.

Paul McCulloch is a coder and information technology architect, a government advisor, and an attorney in technology, privacy, and cybersecurity law at NYC CyberLaw Group. He is a former vice president of technology law & digital compliance at JP Morgan Chase. He now spends his time empowering companies to get compliant, innovate, and implement digital transformation.

The world is becoming more complex, more interconnected, more distributed and more decentralized. At the same time, society demands more from the BUYERS, BUILDERS, and OPERATORS of the world's supply chain networks. In "The T.A.O of Supply Chain - Technology, Architecture, & Operations", Paul discussed the issues that emerging startups, medium-sized businesses, and large corporations operating anywhere in the world should be concerned about.

  • Organizations that do not have a strong grasp of technology law risk being burdened by liabilities off-loaded onto them by their more knowledgeable competitors. This is especially critical for startups which can easily be hobbled with fines for non-compliance with technology related regulations.

  • The risks increase as data and information crosses borders and becomes subject to different compliance regulations each time national borders are crossed. This is the internationalization of risk as data is transmitted around the world.

  • Compliance has usually been used as a defensive mechanism. More and more it is being weaponized and used as an offensive mechanism to handicap competitors.

FASHION TRACK

Link to YouTube Video: #SCIT2019 Day I Welcome Remarks, Keynote, & Fashion Track

Notes: Fashion Track discussion starts at about 60 minutes.

How is the fashion industry adopting customization, personalization, and on-demand manufacturing? How is data being leveraged to provide predictive, personalized digital experiences? How are brands allowing their consumers to co-create? What does luxury on-demand manufacturing look like today and where will it be in 5 years?

Moderator — Emma Cosgrove, Supply Chain Reporter, Supply Chain Dive

ELSE Corp — Andrey Golub, Founder & CEO

Milaner — Elisa Rossi, Co-founder

Queen of Raw — Stephanie Benedetto, Founder & CEO

  • Technology makes it possible for fashion and apparel to operate on the basis of customization, personalization, and real-time inventory.

  • Companies who can introduce technology to address huge issues with waste and pollution will be the ultimate winners.

  • This requires major shifts in supply chain operations. It is NOT the same as the fast-fashion business model.

  • Speed to market is critical for luxury fashion which is all about exclusivity. Speed does not have to compromise the product and brand.

  • Breaking down silos can speed up the process of manufacturing luxury fashion and accessories.

  • There is a growing interest in localization, but there are still a lot of outstanding questions, and the process of transition will be gradual. 

LOGISTICS TRACK

Link to YouTube Video: #SCIT2019 Day I Logistics Track

What problems can technology solve in land-based supply chain logistics? What’s most promising in the near term? Where do we still have challenges? What’s happening in other parts of the world?

Moderator — Eric Johnson, Senior Editor, Technology at JOC.com

Maersk — Bob O'Donnell, Head of North America E-Commerce Logistics

Princeton University & Optimal Dynamics — Juliana Nascimento, Optimization Expert, Operations Research

SCMI University of San Diego — Joel Sutherland, Managing Director & Professor of Practice                            Transfix - Ahmad El-Dardiry, Chief Revenue Officer

  • The biggest problem is harnessing technology to reduce waste in a fragmented industry.

  • Supply chain is a massive optimization problem. There’s a lot of value in implementing simple technologies in supply chain logistics.

  • Transparency and automation matter A LOT to shippers and carriers.

  • For supply chain optimization to be effective it cannot be siloed. It has to be organization-wide. Optimization requires critical mass.

  • Technology is allowing us to do things we could not do in the past but we still need people with expert knowledge to augment software systems.

  • Startups still make the mistake of building technology that is too cutting-edge for market realities, and there isn’t enough collaboration. 

MARITIME TRACK

Link to YouTube Video: #SCIT2019 Day I Maritime Track

What problems can technology solve in maritime supply chain logistics? What’s most promising in the near term? Where do we still have challenges? What’s happening in other parts of the world?

Moderator — Timothy Simpson, Maritz Global Events

Advent Intermodal Solutions — Allen Thomas, Chief Strategy Officer

Maersk — Erez Agmoni, Regional Head of Supply Chain Warehousing and Distribution, Americas

Gemini Shippers Group — Kenneth O’Brien, Chief Operating Officer

  • Shippers in the maritime industry are facing several complex problems, and many are looking for builders to help them solve those problems.

  • Visibility across intermodal systems was an issue 10 years ago, and it’s still a problem.

  • Shippers expect reliability, but it’s complicated. Reliability means different things to different companies.

  • Market-driven collaboration is the new norm.

  • Blockchain is still controversial in maritime and it is unlikely to have a meaningful impact on maritime logistics. 

BLOCKCHAIN TRACK I

Link to YouTube Video: #SCIT2019 Day I Blockchain Track I

Notes: Tanjila starts at 2 minutes, Patrick starts at 24:30 minutes, and Michael starts at 37:30 minutes.

What lessons have we learned about bringing blockchain + supply chain from the lab and into the real world? 

Emcee — Kelly LeValley Hunt, Blockchain Specialist, Forbes 2018 Blockchain "Pioneer", Microsoft's 2018 Women in Blockchain Award for Hyper-growth & Innovation

Blockchain in Transport Alliance (BiTA) — Patrick Duffy, President

BlockScience — Michael Zargham, Founder & CEO and Harry Goodnight, Lead Executive Advisor

TradeFlo — Tanjila Islam, Founder & CEO

  • Tanjila Islam is building TRADEFLO, a blockchain-powered platform to facilitate global trade and trade-financing with an initial focus on emerging markets. When she spoke at The New York Supply Chain Meetup’s event in April 2018, she had not yet started building TRADEFLO. However, after meeting an IBM executive at that event she began exploring building TRADEFLO in partnership with IBM. She’s been building TigerTrade for over a decade, and TRADEFLO is inspired by that experience. TigerTrade is the largest wholesale reseller of excess retail inventory.

  • The Blockchain in Transport Alliance (BiTA) focuses on creating open-source and royalty-free technology standards to encourage the adoption of blockchain in the transportation industry by bringing together technology companies, service providers, transportation companies, financiers, and insurers. Patrick Duffy is President of BiTA and he talks about the progress they’ve made in the two years or so that the organization has existed.

  • BlockScience’s Michael Zarghan and Harry Goodnight touched on supply chains as cyberphysical systems, what blockchains enable, and the implications on operations research, applied AI, and distributed systems. They believe that blockchains are ideally suited for describing and establishing supply chain network ontologies. They emphasize that corporate executives need to start thinking about ecosystems.

BLOCKCHAIN TRACK II

Link to YouTube Video: #SCIT2019 Day I Blockchain Track II

Given some of the lessons learned, what work is being done to bring blockchain + supply chain from the lab and into the real world? Kelly and Rob are returning speakers: They have each spoken at past meetups organized by The New York Supply Chain Meetup on the topic of blockchain in supply chain.

Emcee — Kelly LeValley Hunt, Blockchain Specialist, Forbes 2018 Blockchain "Pioneer", Microsoft's 2018 Women in Blockchain Award for Hyper-growth & Innovation

Inflection Point Blockchain Advisors — Joshua Klayman, Founder & CEO

MState — Rob Bailey, Co-founder & CEO

r3 — Alisa DiCaprio, Head of Trade and Supply Chain

  • We’re in the early days of figuring out how blockchains will impact supply chains and it is important to get try to get the fundamentals right.

  • Companies interested in figuring out how to deploy blockchain can tap into a wealth of resources, partnerships, and organizations focused on understanding how blockchains can be integrated into supply chains - no one has to go it alone.

  • There are many more blockchain projects that no one is publicizing than those that are in the news. There are a lot of questions that remain open.

  • Blockchain in supply chain is complicated by the fact that data traverses multiple legal jurisdictions. There are also relevant questions that surround laws specific to specific industries. This is an important part of the conversation. The role of incumbents is a source of concern.

  • Blockchain is a point of convergence of many other technologies. Container shipping is one of the industries doing early work on this issue. Here, blockchains function as a permissioned data transfer layer.

  • Supply chain might require the development of new blockchain protocols that are uniquely designed for application in supply chain.

  • There’s an outstanding question about the utility of product provenance for mass consumers. 

  • Here’s the reading list Kelly refers to during the conversation. 

DAY TWO SESSION HIGHLIGHTS - BUILDERS

The second day of #SCIT2019 focused on people and organizations who are building new innovations for supply chain. 

Keynote with Q&A: Rosemarie Truman, Center For Advanced Innovation

Title: SCALE - Supply Chain and Logistics Enterprises

Link to YouTube Video: #SCIT2019 Day II Welcome Remarks & Keynote

Rosemarie Truman is an entrepreneur, growth strategist, distinguished corporate executive, angel investor and prolific startup catalyst. She is the Founder and CEO of the Center for Advancing Innovation (CAI), a 501c3 non-profit which identifies breakthrough inventions and maximizes their commercial potential. 

SCALE – Supply Chain and Logistics Enterprises is a global contest to disrupt retail supply chain, logistics, and transportation. SCALE is orchestrated by the Center for Advancing Innovation (CAI) in partnership with the Walton Family Foundation. CAI’s past challenges were the catalyst for 200+ startups and 2000+ knowledge-based jobs in the past 4 years. 

The rest of the day featured presentations from start-ups around the globe as well as a guest presenter from the Singapore Economic Development Board.

STARTUP SHOWCASES BLOCK I - EMCEE: SAPNA SHAH, PRINCIPAL, RED GIRAFFE ADVISORS

MILANER

Elisa Rossi is co-founder MILANER. MILANER empowers the world’s top luxury manufacturers to sell direct to consumers for the first time. MILANER has operations in Europe and San Francisco, CA.

Link to YouTube Video: MILANER

FAST APPLICATIONS

Adam Yaron is ceo of FAST Applications. FAST Applications designs, develops, and manages professional networking software solutions for the freight industry.

Link to YouTube Video: FAST Applications

LIMBIQ, BY SETLOG

Guido Brackelsberg is a founding partner and managing director of Setlog. Setlog develops supply chain management software that optimizes transparency, digitalization and real-time data exchange. In this presentation, Guido premieres limbiq, a new platform for digital procurement that has been developed by Setlog.

Link to YouTube Video: limbiq by Setlog

FREIGHTWAVES SONAR

Description: Patrick Duffy is President of Blockchain in Transport Alliance, a sister organization of FreightWaves. FreightWaves is a provider of data for the freight markets. Patrick showcases Sonar, a platform that brings together millions of disparate freight market data points with a robust analytics toolset and the market intelligence of the FreightWaves team. FreightWaves operates from Chattanooga, TN.

Link to YouTube Video: FreightWaves Sonar

QUEEN OF RAW

Description: Stephanie Benedetto is founder & CEO of Queen of Raw. Queen of Raw turns pollution into profits across the textile supply chain by building a marketplace for brands to sell excess and scrap textiles rather than warehousing or shipping and incinerating them at a loss. Their analytics tools provide real-time actionable insights, helping to create transparency and efficiency. Queen of Raw operates from New York, NY.

Link to YouTube Video: Queen of Raw

VOYAGE CONTROL

Description: Jameson Peterson is Head of Construction Solutions at Voyage Control,  a cutting-edge ‘Air Traffic Control’ for inbound logistics management. 

A powerful and easy-to-use software platform, Voyage Control enables ground transport hubs to proactively manage, optimise, track, and communicate with their traffic. Voyage Control has operations in the UK and the US.

Link to YouTube Video: Voyage Control

STARTUP SHOWCASES BLOCK II - EMCEE: - MICHAEL RENTZ, FOUNDER, THE CHARLESTON SUPPLY CHAIN MEETUP

OPTIMAL DYNAMICS

Daniel Powell is co-founder and CEO of Optimal Dynamics, a NY-based company bringing advanced AI to the supply chain and logistics industry. Based on over 30 years of innovation, Optimal Dynamics is changing how companies operate. 

Link to YouTube Video: Optimal Dynamics

SINGAPORE ECONOMIC DEVELOPMENT BOARD 

Samuel Chan is the regional vice president for the Americas at the Singapore Economic Development Board (SEDB). SEDB is a statutory board of the Government of Singapore that plans and executes strategies to sustain Singapore as a leading global hub for business and investment. *This is not a startup showcase, but rather an update on what’s happening in Singapore as the government facilitates and enables supply chain innovation to boost economic growth.

Link to YouTube Video: Singapore Economic Development Board (EDB)

PEERLEDGER

Dawn Jutla is founder and president of PeerLedger. PeerLedger uses cutting-edge blockchain technology to help companies collaborate to protect human rights, improve environmental performance and significantly reduce key risks, such as counterfeiting and safety, in their supply chains. PeerLedger is based in Halifax, Canada.

Link to YouTube Video: PeerLedger

ELSE CORP

Andrey Golub is founder and CEO of ELSE Corp, an Italian B2B and B2B/2C startup. Headquartered in Italy, ELSE Corp, designs new technological solutions for virtual retail and cloud manufacturing. 

Link to YouTube Video: ELSE Corp

KONTAINERS

Graham Parker is co-founder and CEO of Kontainers, an ocean freight platform serving some of the biggest brands in shipping. Kontainers allows users to get instant container shipping rates and transact entire shipments online in under one minute. Containers has operations in the UK, and in New York, NY.

Link to YouTube Video: Kontainers

LOCUS

Shaun Siler is vice president of sales for North America at Locus. Locus is a global decision-making platform in the supply chain that uses deep learning and proprietary algorithms to automate all human decisions required to transport a package or a person, between any two points on earth. Locus is headquartered in Bangalore, India and is establishing operations in the United States.

Link to YouTube Video: Locus

THE WORLDWIDE SUPPLY CHAIN FEDERATION

The Worldwide Supply Chain Federation is the collaborative, and mutually supportive coalition of open and multidisciplinary grassroots communities focused on technology and innovation in the global supply chain industry. Founded in August 2017, The New York Supply Chain Meetup is the founding chapter of #TWSCF with a sister chapter launched in Charleston, SC, and other chapters in the process of forming in Vancouver, Athens, Singapore, Bangalore, Chicago, San Francisco and other cities around the world. There are more than 1900 members in New York, and 2700+ members globally.