The phrase warehousing services Singapore literally encompass the full gamut of commercial distribution services from where products are picked, packed and shipped to their designated end users. Statistics show that warehousing and distribution services account for about 25% of Singapore's overall merchandise sales. It is also one of the biggest growing industries in Singapore. Of course it goes without saying that with such high volume sales comes a significant volume of employment. The current demand for these services among local as well as foreign businesses in Singapore shows no sign of subsiding.
Warehousing services Singapore in Singapore to form the heart and soul of what makes Singapore stands out as a premier regional economic hub. Statistics and studies have shown that, unlike in other Asian countries, Singapore's per capita income remains consistently high and unemployment rates low. This, along with the aforementioned ease of doing business, allow Singapore to attract more foreign investors into our country.
As a country, Singapore has lagged behind other nations when it comes to delivery of goods to consumers. Its poor road and rail connectivity have been hindering progress in this area for the longest time. However, these issues have been addressed by improving our transport network and developing strategic alliances with various international delivery services. In fact, Singapore's recent development has seen the emergence of a number of logistics and delivery service providers who can cater to our diverse needs. Some of these include ADTA, Singapore Shipping & Logistics Association (SSAA), freight forwarder Xpress freight, and last mile fulfillment.
local delivery service offer a wide range of warehousing services to local as well as global clients. Apart from offering warehousing facilities, they also undertake heavy distribution and pick and pack services. Distribution includes office supplies to groceries, confectionery and food products. Pick and pack involves the movement of items from the warehouse to the customer.
Apart from distributing, some warehousing companies also undertake full-customized services such as personalized merchandise packaging and customized cardboard boxes. These customized solutions help in catering to diverse end users such as manufacturers, importers, retailers, chains and multi-national organizations. Last mile fulfillment also includes transportation and logistic solutions such as vehicle-hire, terminal processing, customs clearance, freight consolidation, insurance services, warehousing and freight forwarding. We can even find warehousing companies offering freight transportation and logistic services to a far extent.
Warehouses in Singapore continue to face the challenges posed by the growing distribution requirements of the country. This is further compounded by the fact that the country enjoys an ideal location at the doorstep of the sea. This facilitates a comprehensive range of local delivery service that can be offered in distinct segments. However, with the increase in competition, warehousing companies are finding it increasingly difficult to differentiate themselves from their competition. This calls for an increased level of expertise in research and development coupled with an active commitment to customer needs and their value proposition.
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