SPC2023 Ask-Me-Anything Session: Improving Real-time Port Productivity at PSA

Reserve your seat here for PIER71TM Smart Port Challenge Ask-Me-Anything Session – Improving Real-time Port Productivity at PSA!

This will be an Online event at PIER71TM office in Singapore, run in a Ask-Me-Anything format! This means your pre-event questions will contribute to the success of this event.

Please submit your questions in advance to https://pigeonhole.at/W57J8R for the organisers to prepare their in-depth responses.

Smart Port Challenge (SPC) is an annual innovation competition to find the best ideas and solutions from technology start-ups to address challenges, or innovation opportunities, put forth by maritime corporates in Singapore.

This year’s Smart Port Challenge offers 12 innovation opportunities supported by 24 corporate sponsors.

 

Innovation Opportunity: Improving Real-time Port Productivity at PSA – How Can We Gain Full Visibility of Warehouse Hub Operations, Facilities and Assets Utilisation?

As a supply chain orchestrator, apart from overseeing cargo and container flow, PSA also serves as a hub operator, managing a multi-tenanted warehouse.

Currently, there is no integrated system that allows real-time visibility on how assets are utilised. Instead, existing systems of tracking resources rely on non-integrated CCTVs, WhatsApp, and physical coordination. Better control over service levels will benefit users and can support service agreements in bundling value-added services such as space brokering, job pooling, and permit documentation.

Challenges

The warehouses and hauliers work with lists of containers that have two days lookahead but may not share real-time visibility on the physical assets and conditions. They rely on phone or email communications, which can result in various inefficiencies.

Successful solutions should ideally:

Address user behaviours and concerns, such as shippers who might not be willing to share space due to competitive concerns.

The marketplace must interoperate not only between physical (e.g., CCTV vehicles) and digital systems (e.g., contracts, permits), but should be compatible for external service providers to access and feed real-time information into the platform

  • Allow easy and secure integration to existing warehouse systems
  • Be equipped with intelligence to draw insights from the data

Market Potential

Various operational aspects could be addressed, such as

  • Docking bay and parking bay availability
  • Movement of hauliers and trailers
  • Container, pallet, and cargo volume, content, location, handling requirements
  • Warehouse Hub heatmap
  • Market pricing to enable resource and job pooling, and selling space
  • Management interventions

Full details on the Innovation Opportunity can be found here.

This is a fantastic opportunity to hear from the corporate speakers and engage them with your queries to spur your ideation towards a solution for this Innovation Opportunity.

As a reminder, this event is conducted in a Ask-Me-Anything format. Please submit your questions in advance at https://pigeonhole.at/W57J8R 

Reserve your seat for this event via Eventbrite.

More details on Smart Port Challenge 2023: https://pier71.sg/smart-port-challenge/

Proposal Submission by 31 July 2023, 5pm SGT: https://pier71.typeform.com/to/bkwkN6ki

 

Shortlisted finalists are enrolled in a two-phase, 12-week programme.


Phase 1: Fit Check - Market Discovery and Validation

Kickstart your journey by diving deep into the heart of your market! In this phase, we'll help you answer the pivotal question: Is there a product-market fit for your solution? Validate your tech, test your assumptions, and find the perfect match for your innovation. A review will be conducted at the end of Phase 1. Only selected participants will advance to Phase 2.


Phase 2: Gap Busters - Navigating New Markets

Now, it's time to bridge the commercial gap. In this phase, you’ll partner with industry veterans who bring sharp business insights to the table. Together, you’ll navigate and conquer markets that may be uncharted territory for your startup.


Although the programme is designed for remote and overseas participants, in-person participation is required for the following events conducted in Singapore: