(MENAFN- Khaleej Times) With a core objective of further growing the UAE's logistics sector, the Supply Chain and Logistics Group, or SCLG, gathered industry experts from over 15 countries in the recently-concluded 5th Global Logistics and Supply Chain Summit in Dubai.
The SCLG, a not-for-profit business group working under patronage of Dubai Chamber of Commerce and Industry, is engaged in advancing and addressing the challenges of the supply chain and logistics industry.
During the inaugural address, Dubai Chamber senior director Atiq J. Nassib appreciated the fact that SCLG has put together a world-class summit that has far exceeded expectations.
Around 14 per cent of the UAE's gross domestic product is contributed by the supply chain and logistics sector, making it an integral part of the economy.
"Dubai's supply chain and logistics sector saw growth even during the downturn and will continue to grow. The emirate is an attractive destination for the global logistics firms due to the city's modern and extensive infrastructure."
DP World group chief executive officer Mohammed Sharaf said: "Innovative system solutions in the field of maritime logistics are key to ensuring the efficient flow of goods along the supply chain at local, regional and global levels. Operating in the market space created by information technology is not an option, but a necessity to secure the industry's future. DP World is committed to working closely with its industry partners in our common quest for sustainable solutions to mitigate the potential vulnerabilities within the supply chain as we embrace innovation and technology."
The 5th Global Logistics and Supply Chain Summit, under the theme "Innovation, infrastructure and growth", attracted speakers, panelist and over 200 delegates from the UK, Malaysia, India, Singapore, The Netherlands, Germany, Switzerland, Austria, Mauritius and Hungary. The summit included key note speeches, expert panel discussions and eight delivery tracks to communicate case studies, experience and expertise to benefit the industry.
"Dubai in itself is an example of great leadership for innovation. Dubai has proven visionary leadership, business agility and execution ability to deliver perfect solutions to individuals and organizations for any business vertical. We were able to formulate and discuss several strategies and solutions for countering the current market conditions and take measures to further grow the industry in 2012.
Through these summits, The SCLG helps to build strategies for companies, support the government in policy formation in industry growth, with an aim to weather these global challenges," SCLG founder and group president Shashi Shekhar said.
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