Supply chain
FFG, university team up to launch smart supply chains initiative
Chloe Liao, Taichung; Adam Hwang, DIGITIMES

Machine tool maker Fair Friend Group (FFG) and Tunghai University's Industrial Smart-Transformation Center (ISTC) have jointly launched an initiative seeking to turn Taiwan into a global hub of smart supply chains, according to ISTC CEO Huang Chi-yuan.

Global supply chains are being reshuffled in the wake of the US-China trade tensions and coronavirus pandemic, Huang said.

Taiwan, with its comprehensive IT supply chains, excellent medical services, strong manufacturing capabilities, and geographical proximity to China, India and Southeast Asia, stands a good chance of becoming a global hub of smart supply chains, Huang noted.

Different from smart manufacturing, smart supply chains link supply chain makers around the world, Huang indicated. The Re!Chain initiative aims to create a global management and coordinating center in Taiwan to link manufacturing resources around the world using cloud computing, AI, big data and IoT technologies, Huang explained.

Re!Chain will also seek to help Taiwanese industries transform toward smart operations and establish international links through cross-region and cross-domain alliances, Huang noted.

Re!Chain has several strategic and technological partners, including WPG Holdings, Teco Electric & Machinery, ShareHope Medicine, Ernst & Young Taiwan, Merry Electronics, CRIS, Fusion$360, and United Financial Intelligence.

Looking for startups?
Profiles of startups from Taiwan and around the world: their technologies, product developments, fundraising rounds, etc. All startups are welcome to register their profiles - free of charge.
Information about accelerators and incubators from Taiwan and around the world that are mentoring startup businesses and teams. All mentors are welcome to register their info - free of charge.
Major events, including those organized by the government, DIGITIMES, and others, featuring startups, innovative technologies and products from Taiwan, Asia and around the world.
This website adheres to all nine of NewsGuard's standards of credibility and transparency.
© 2021 DIGITIMES Inc. All rights reserved.
Please do not republish, publicly broadcast or publicly transmit content from this website without written permission from DIGITIMES Inc. Please contact us if you have any questions.