Archives



Freight News, IT, Logistics


Digital Catapult in bid to speed up global supply chain

[ September 4, 2024   //   ]

Digital Catapult, the UK authority on advanced technology, has unveiled an International Supply Chain Accelerator that aims to transform global supply chains through the application of deep tech solutions.

It has launched two initiatives, one focused on Seamless Trade Across Borders and the second on Product Carbon Footprint Measurement. They aim to improve global supply chain resilience and international industrial sustainability.  

Building on the Digital Supply Chain Hub, developed by Digital Catapult and funded by UK Research and Innovation (UKRI), the programme has helped over 40 startups and smaller firms secure more than £3 million in funding so far. The International Supply Chain Accelerator will maintain this momentum, enabling participating technology pioneers to scale faster, and strengthen supply chains in sectors including defence, manufacturing and consumer goods. 

Seamless Trade Across Borders is supported by defence firm Leonardo UK, BAE Systems, the International Chamber of Commerce (ICC), and BT Group. It will support the UK Government’s Electronic Trade Documents Act. 

Digital Catapult is facilitating collaboration between industry partners and technology innovators to address international supply chain challenges including achieving seamless cross-border trade. Participating technology providers include eTEU, Linear-works, Parkway Logic (Exabler), and Kavida AI, who each receive up to £85,000 to develop their solution.

The second initiative, the Product Carbon Footprint Measurement project, will work in collaboration with the Partnership for Carbon Transparency (PACT), to drive advances in carbon footprint measurement and exchange, with support from Unilever, GS1 UK and the Department for Environment, Food and Rural Affairs (Defra). 

The initiative will drive the adoption of global carbon footprint measurement standards, showcasing the commercial value of carbon accounting solutions to businesses around the world, as they grapple with new legislation and regulatory hurdles. Altruistiq and Siccar will join the programme with both companies receiving up to £125,000 to develop solutions to improve carbon management using artificial intelligence (AI), distributed ledger technology (DLT), and advanced identification systems, to improve reporting on Scope 3 emissions. 

Tags: