PSA International (PSA) and the National University of Singapore (NUS) have announced the establishment of the PSA-NUS Supply Chain Living Lab, container news.
Increasing demand
Recognizing the increasing demand for integrated solutions that go beyond traditional port container handling, PSA has broadened its scope as a global port operator to include services across the broader supply chain. To support this initiative, PSA has committed up to US$10 million in funding.
The PSA-NUS Supply Chain Living Lab aims to bridge industry and academic expertise to tackle key supply chain challenges. It will serve as a collaborative sandbox for developing innovative, community-focused solutions for supply chain optimization in partnership with industry stakeholders.
Initiative
Furthermore, this initiative builds on PSA’s strategic development plans, including the recently commenced construction of the PSA Supply Chain Hub (PSCH). The cutting-edge PSCH, an integral component of the Tuas Port Ecosystem in Singapore, is set to be completed by 2027. It will enhance connectivity and create synergies within Singapore’s robust supply chain network, supporting seamless integration and innovation in the logistics sector.
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Source: Containernews
