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A combination of state-of-the-art information technology, financial expertise, and a professional talent pool makes Singapore the optimal place to site a supply chain nerve centre and logistics hub. Several MNCs, including IBM and Volvo, have capitalised on the smooth flow of information, goods, and funds in Singapore for their global supply chain needs.
The unique blend of strengths that makes Singapore a key global supply chain and logistics hub stems from a sturdy infrastructure comprising the world's busiest container transhipment port, one of the busiest and best-connected airports in Asia, skilled manpower and specialised infrastructure. Coupled with a choice location at the crossroads of major trading and logistics routes, Singapore's extensive FTA network and cargo security initiatives with key economic partners ensures greater market access and secure transactions for companies sited here.
Trust in Singapore's vibrant logistics ecosystem has brought more than 3000 logistics providers to our shores. More than half of the world's top 25 third-party logistics providers have set up substantial operations here. With their business competencies spanning regional distribution, vendor-managed inventory, business continuity, data hosting, trade financing and process optimisation, these companies offer high value-added, knowledge-intensive, integrated logistics services to global businesses from our very shores.
Case Studies
Louis Vuitton-Moet Hennessy Fragrances & Cosmetics, part of the French LVMH luxury goods conglomerate, chose Singapore as its site of preference for its Regional Logistics Hub, which services the Asia-Pacific region, the United States and Canada. Singapore's central location in Asia, 24-hour transportation capacity and strong logistics infrastructure are vital for LVMH's short turnaround time requirements. LVMH's significant presence in Singapore attests to the value of this island city as a strategic hub for the growing luxury goods and retail market in Asia.
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