Technology and manufacturing businesses can now apply for funding
to develop innovative digital technologies that have the
potential to transform supply chains; ensuring a more efficient,
productive, flexible and resilient UK manufacturing sector.
Through funding from the UK government’s Industrial Strategy
Challenge Fund, led by Innovate UK, business-led consortia can
apply for funding for projects up to £1.5m.
Projects will support the development of innovative digital
technologies and work with manufacturers to rethink and
restructure the way they design and operate supply chains.
Businesses applying for the new funding can look to improve
results from existing supply chains, redesign or re-engineer
supply chains or design completely new supply chain concepts for
new products or processes.
By adopting new digital technologies within supply chains, it can
result in a more efficient supply chain, enabling business to
expand into new markets and boost productivity in an effort to
recover from COVID-19.
Digital Supply Chain competition details
Projects must use digital technologies to optimise the design and
execution of supply chain activities.
Solutions can aim to improve and optimise existing supply chains,
redesign or re-engineer existing supply chains or design new
supply chains for new products or processes.
Projects can cover supply chain design or execution
Supply chain design
- effective risk management
- inventory optimisation
- sustainable supply chains for increased flexibility
- warehouse & logistics optimisation
- confidence in shared data
- new business models that affect the configuration of the
supply chain
Supply chain execution
- demand management, sensing and shaping
- proactive use of use of demand data
- delivery performance
- improved decision-making through analytics
- production planning or scenario modelling
- track-and-trace technologies
The competition is separated into two principal strands:
feasibility studies and industrial research.
