416 views

FairPrice Group Supply Chain secures win at SBR National Business Awards 2024

Its SCope solution uses analytics and alerts to detect and manage supply chain disruptions.

FairPrice Group Supply Chain (FPGSC) won the Supply Chain category at the recently held SBR National Business Awards 2024 for its supply chain risk monitoring solution, Supply Chain Operation Centre (SCope).

SCope connects data across FPGSC for near-real-time, end-to-end visibility. Operating as a dynamic nerve centre, SCope processes 60 million data points every day encompassing news, weather, shipments, port situations, local traffic, and distribution networks. Focused primarily on monitoring FPG’s imported merchandise, SCope was designed as a strategic solution to help FPG ensure resilience and efficiency and consistently delivers on its social mission to keep daily essentials within reach for all in Singapore, amidst an ever-evolving supply chain landscape and potential global disruptions.

Over the past two years, FPGSC has made significant strides in enhancing SCope’s effectiveness and efficiency. FPGSC collaborated with leading digital supply chain solutions provider Everstream Analytics to integrate artificial intelligence (AI) and predictive analytics into SCope’s capabilities, enabling it to deliver insights and risk assessments that help FPG manage its supply chain more autonomously and sustainably.

These improved capabilities have enabled FPG to address an industry-wide challenge in the domain of farm-level tracking - effectively monitoring tier 2 and 3 suppliers that are most vulnerable to external shocks, such as commercial farms supplying live poultry and rice cultivators. SCope can now track the health and safety of commercial farms supplying livestock to primary suppliers in their country of origin, in real-time, enabling a more effective response to potential issues impacting farms within a specified radius.

These use cases demonstrate FPG’s ongoing commitment to leveraging digital transformation as an engine for innovation in its operations and how it serves its customers.

SCope also utilises cutting-edge technology to monitor shipments, road traffic, and potential jams along the causeway. This proactive approach gives FPGSC the information it needs to redirect supplies through alternative causeways or during periods of reduced traffic, preventing potential delays and disruptions.

SCope also plays a crucial role in supporting broader food resilience goals, mapping out how new food sources can benefit other distributors.

FPG remains dedicated to strengthening supply chain resilience through SCope and ultimately better meeting the needs of its customers through its social mission to keep daily essentials within reach for all in Singapore. Beyond supply chain resilience, FPGSC actively seeks to enhance SCope's capabilities to minimise its carbon footprint and operate more sustainably, whilst leveraging it as a monitoring tool to track its other sustainable initiatives across the business. For example, this includes performance tracking and resulting reduction in carbon emissions from FPGSC’s fleet of electric vehicles.

SCope remains at the forefront of innovation, not only ensuring the reliability of the supply chain but also embodying FPG's dedication to environmental sustainability and social responsibility.

SBR National Business Awards honours local and homegrown companies in Singapore for their exceptional projects, driving innovation and contributing significantly to the nation's robust economy.

The SBR National Business Awards is presented by Singapore Business Review Magazine. To view the full list of winners, click here. If you want to join the 2025 awards programme and be acclaimed for your company's exceptional contributions to the local business landscape in Singapore, please contact Jane Patiag at awards@charltonmediamail.com.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Singapore Business Review
The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.
Lorem Ipsum 2
Contrary to popular belief, Lorem Ipsum is not simply random text.