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Singapore launches trade data sharing platform to cut supply chain inefficiencies, rebuild trust

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Over 70 participants have signed up to share data on the Singapore Trade Data Exchange (SGTraDex), a digital utility which aims to tackle supply-chain inefficiencies by connecting partners in the local and global supply chains via a common data infrastructure.

The public-private initiative was launched Wednesday (Jun 1) on the sidelines of Asia Tech x Singapore (ATxSG) 2022 by Josephine Teo, Minister for Communications and Information and Minister in-charge of Smart Nation and Cybersecurity.

“Digitalisation has transformed many sectors, but in the global supply-chain and trade sector, its promise has yet to materialise,” said Antoine Cadoux, chief executive officer (CEO) of SGTraDex Services. “The physical exchange of paper remains the norm.

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