FOR IMMEDIATE RELEASE
Funding will propel Canada’s supply chain innovation to create sustainable jobs and drive economic growth
TORONTO - February 15, 2018 - The Supply Chain Management Association (SCMA)TM today announces it proudly supports the Government of Canada’s investment in an AI - powered supply chain supercluster - SCALE.AI. The announcement was made by the Minister of Innovation, Science and Economic Development of Canada, the Honourable Navdeep Bains with funding to come through the Innovation Superclusters Initiative. SCMA President and CEO Christian Buhagiar was in attendance for the announcement to represent the association’s more than 7,000 members and support Canada’s broader supply chain community.
SCMATM joins 118 partners from industry, enabling organizations, and world-class research institutions who will shape a new advanced global supply chain future for Canada. The investment from SCALE.AI industry partners of $700 million in addition to the funding announced by the government today will allow SCALE.AI to accelerate and drive the development of innovative artificial intelligence (AI) initiatives for Canadian supply chains.
“This country was built by supply chains and remains a vibrant, prosperous, and revered nation because of the dedicated work of almost a million innovative supply chain professionals . The Government of Canada’s investment combined with the contribution of our industry partners in SCALE.AI represent a bold new direction for supply chain innovation in Canada,” said Christian Buhagiar, President and CEO, SCMA. “SCMA is proud of our partnership with SCALE.AI and will continue to build the Canadian economy by advancing the work of Canada's supply chain professionals, as we've done for almost 100 years.”
Canada's supply chain enables $1 trillion worth of goods movement and is ranked 14th among nations in the World Bank's Logistics Performance Index. However, to ensure Canada isn’t left behind in the global race for innovation, the Canadian supply chain sector will require a specially - skilled labour force. Compounding the challenge, according to the Canadian Supply Chain Sector Council, Canada’s supply chain will experience additional labour shortages due to retirement and turnover across all industry verticals. Smart companies recognize that in order to succeed they must adopt new technologies and actively develop the corresponding skills and capabilities.
“Emerging technologies and AI are proving to be significant disruptors that are impacting all supply chains. The investments made by the federal government and our SCALE.AI industry partners have laid the foundation for a more innovative, competitive, and inclusive Canadian economy. Through SCALE.AI,SCMA aims to bolster Canada’s leadership in supply chain AI and data science to create truly intelligent supply chains that will give Canadian companies unprecedented strategic advantages in supply chain scalability, efficiency, agility, visibility, and integration,” said Mike Owens, Chair, SCMA National Board of Directors.
SCMA plays a uniquely vital role by training Canada's supply chain elite and bestowing Canada's most widely held supply chain designation, the Supply Chain Management Professional (SCMP)TM. The Association is committed to working with industry partners to identify and ramp-up supply chain competencies before technological advancements reach a critical adoption rate.
The Supply Chain Management Association (SCMA)™ is Canada’s largest association for supply chain management professionals. We represent 7,000 members as well as the wider profession working in roles that cover sourcing, procurement, logistics, inventory, and contract management. SCMA™ sets the standards for excellence and ethics, and is the principal source of professional development and accreditation in supply chain management in Canada. SCMA.com
SCALE.AI (Supply Chains And Logistics Excellence.AI), is a business-led consortium headquartered in Montreal and centered in Quebec and Ontario. Its mission is to shape a new global supply chain platform and bolster Canada’s leadership in artificial intelligence (AI). It has been awarded the support of the federal government as part of the Innovation Supercluster Initiative. AISupplyChain.ca
For more information, please contact:
Lynne Coles, Vice President, Growth and Chief Marketing Officer, SCMA