The Logistics & Supply Chain Management Society
FEBRUARY 16, 2022
As a key Southeast Asian hub, Singapore is a small but important market for many overseas sellers. Foreign trading companies may find it daunting or time-consuming to juggle multiple custom duties, especially if Singapore is an unfamiliar market to them. 2) Managing multiple payments and papers to clear Customs.
The Logistics & Supply Chain Management Society
MARCH 16, 2021
It would appear that shippers are in delay to apply for Singapore Known Consignor Regime (KCR). The deadline is 30th April 2021 to submit the application to the Singapore Airport Police Division. In order to apply and qualify as a Known Consignor, the consignor: Must be a legal entity registered in Singapore.
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The Logistics & Supply Chain Management Society
APRIL 26, 2022
Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Whilst altruistic motives have been a “nice to have”, the reality is that financial incentives and regulatory requirements will likely result in actual change.
The Logistics & Supply Chain Management Society
MAY 28, 2022
In Singapore, for instance, there was a period when eggs were running out as consumers hoarded them. The production sector in Singapore has been hit by waves of layoffs over the past two years, especially when circuit breaker measures were imposed. Then people’s basic needs came under threat. FALLOUT FROM LABOUR CRUNCH .
The Logistics & Supply Chain Management Society
MARCH 16, 2021
Compel staff to think twice before printing out hard copies of any document! Tim volunteers his free-time with the Singapore Wildcat Action Group, a not-for-profit organization that raises awareness and funds for wildlife conservation. Safer and Faster: Singapore’s Known Consignor Regime. Replace florescent lights with LEDs!
The Logistics & Supply Chain Management Society
SEPTEMBER 14, 2023
The process of extracting mineral wealth such as gold, diamonds or oil for instance has been well documented to cause environmental harm as well as societal harm in some countries. Do their methods and documented standards meet your organisation’s values or does more need to be done? Test the supplier’s methods.
Logistics Viewpoints
AUGUST 14, 2023
Many multinationals have engineered their global supply chains to minimize taxation by creating subsidiaries in low taxation nations like Switzerland, Ireland, and Singapore. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border. For example, the U.S.
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