Industry leaders from across the country attended Siecap’s booked-out breakfast seminars to hear about the evolution and significance of Blockchain and the latest directions in supply chain and logistics.
Siecap’s event, All you really need to know about Blockchain and the latest supply chain trends, launched in Brisbane on Tuesday 30 November and then moved to Sydney and Melbourne, in a blockbuster week that focused on how we respond to change.
The structure and needs of supply chain in the 21st century pose an enormous challenge for individuals and organisations to adapt and re-skill. In responding to these needs, this event brought together industry leaders from companies including Aurizon, Australia Post, Caltex, Coca-Cola, Coles, CSR, Santos, Toyota and GrainCorp, to name but a few.
Paul Bell, the Hong Kong-based CIO of OpenPort, shared insights on Blockchain technology, clarifying confusion around the technology and how to deploy.
Paul’s presentation covered an explanation of what Blockchain is, how it works, and how it’s different to Cloud-hosted databases, and delved into the key industries where Blockchain will have a significant impact. “Supply chain is a perfect vehicle for Blockchain and this will revolutionise supply chain financing,” noted Paul.
The second part of the event focused on leading trends in supply chain and industry insights relating to property, warehousing, inventory and transportation.
Siecap’s CEO David Irvine and Director Consulting Geoffrey Knowles presented this session, sharing their extensive experience in advising leading brands and organisations across Australia and the world.
Their discussion centred on five key trends in supply chain:
- Blockchain: This technology is driving reliability and data integrity across the supply chain.
- Service: We have entered an era of ‘customer obsession’.
- Resilience: Today’s connected supply chains are increasingly at risk of significant disruption.
- Automation and m Commerce: Lower entry costs and ‘an app for everything’ are enabling the leapfrogging of the mainstream.
- Sustainability and Assurance: Corporate social responsibility – encompassing sustainability, carbon footprint reduction and supply chain transparency – is shaping the way we structure and function.
David Irvine, Siecap CEO, notes that these trends are driving rapid and significant changes in supply chain and logistics. “This, coupled with the potential of Blockchain, makes today a complex and important time for industry leaders.”