Overview of the Logistics Sector
Logistics Sector in Singapore
Singapore’s Logistics sector is a critical enabler of the economy and everyday life. At the heart of Southeast Asia, Singapore’s geographical location makes us an important global logistics hub that connects suppliers to manufacturers and merchants to consumers, both domestically and overseas.
establishments
total workforce
Singapore’s GDP
Key Sub-sectors in Retail
Transportation
Trends Impacting the Logistics Sector
Rise of Asia
Services such as 24-hour online shopping and international delivery reach out to a wide segment of consumers
Emerging Business and Manufacturing Trend
Consumers are seeking new experiences, personalised shopping and seamless transitions across channels
Advancements in Technologies
New technologies increase productivity and enhance business operations and processes
Future Logistics Operations
Technology advancements will bring about greater productivity and shape the future of logistics. A modern warehouse equipped with key technological solutions will achieve greater productivity, increase handling volume, speed and inventory accuracy at a lower cost. New professional roles will also be created to improve overall operations.