TORONTO – The Supply Chain Management Association (SCMA) supports the Government of Canada’s investment in an AI – powered supply chain supercluster – SCALE.AI. The announcement was made by Navdeep Bains, minister of innovation, science and economic development of Canada, with funding to come through the Innovation Superclusters Initiative.
SCMA 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. 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,” said Mike Owens, Chair, SCMA National Board of Directors.
“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.”