P&G to invest US$100mn in a new Singapore E-center
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Procter & Gamble, in partnership with the Singapore Economic Development Board, established its first digital innovation center in Singapore alongside guest-of-honor, S Iswaran, Minister for Trade and Industry (Industry), announcing an investment of over US$100 million over the next five years to support this E-Center. The launch reaffirmed P&G’s commitment to Singapore and aim to strengthen Singapore’s standing as a leading digital and e-Commerce hub in the world.
The E-Center – P&G’s first outside the United States of America – will be pivotal to its undertaking of end-to-end digital innovation across three core areas: Supply Chain Management, e-Analytics and e-Business. In the area of Supply Chain Management, termed “i-Supply”, the E-Center will focus on transforming P&G’s supply chain end-to-end, enabling greater accuracy, visibility and more efficient processes.
The e-Business unit aims to translate digital strategies into scalable plans for the region, and to leverage new digital channels to innovate and improve business models. Through its focus on e-Analytics, the E-Center will also leverage predictive analytics and big data to optimize product distribution and marketing strategy.
With the launch, P&G will be training 40 employees in the first year to take on digital-related roles in these three capability areas. Through the E-Center, P&G will also expand its partnerships with local Small and Medium Enterprises (SMEs) and start-ups to strengthen digital capabilities and co-develop new digital solutions. To bolster the inauguration of the E-Center, P&G also hosted the second edition of its leadership development program – P&G Leadership College – for SMEs in collaboration with SPRING Singapore.
Questions & Answers
Q.What is the primary purpose of P&G's new E-Center in Singapore?
What is the primary purpose of P&G's new E-Center in Singapore?
The E-Center will be crucial for P&G to undertake end-to-end digital innovation. It will focus on three core areas: Supply Chain Management, e-Analytics, and e-Business to improve various operations.
Q.How will the E-Center contribute to P&G's supply chain operations?
How will the E-Center contribute to P&G's supply chain operations?
Through its "i-Supply" initiative, the E-Center aims to transform P&G's supply chain completely. This is intended to lead to increased accuracy, better visibility, and more efficient processes within the supply chain.
Q.What kind of local partnerships will the E-Center establish?
What kind of local partnerships will the E-Center establish?
The E-Center will expand P&G's collaborations with local Small and Medium Enterprises (SMEs) and start-ups. This is to help strengthen digital capabilities and jointly develop new digital solutions for the market.