New center for supply chain collaboration to focus on blockchain, other new technologies
Georgia-Pacific, a provider of paper products and lumber, has announced a plan to bring together leading supply chain companies to develop solutions at its new Point A Center for Supply Chain Innovation.
Slated to open in June in a 15,000-square-foot space at Atlanta's TechSquare Labs, the Georgia-Pacific Point A Center will serve as a collaborative venue for businesses ranging from multinational corporations to emerging startups and academic institutions.
Georgia-Pacific is investing between $5 million and $7 million in the center and has begun actively recruiting members, the release said. Among the first organizations to offer their capabilities and expertise are: Chick-fil-A; Delta Air Lines; Genuine Parts Company; Grainger; Siemens; and Georgia-Pacific parent company Koch Industries.
Point A members will explore use cases for applying Industry 4.0 innovations, such as artificial intelligence, blockchain, machine learning, and robotics, to tackle pressing challenges for supply chains, including retail models, network efficiency and data visibility.
"Supply chain leaders are trying to unlock the potential of current and future technologies, and we believe collaborating with the best minds will help drive innovation at a faster pace," said Kevin Heath, Georgia-Pacific senior vice president and chief procurement officer.
"The pressure for business transformation is both a challenge and an opportunity, but there's no wait-and-see," Georgia-Pacific President and CEO Christian Fischer. "Point A will focus on solutions in the supply chain that will ultimately serve customers faster and more reliably, as well as provide a superior brand experience for an end-consumer."