Based in the city state’s Free Trade Zone (FTZ), the new facility offers Asendia customers the ability to manage their cross-border e-commerce fulfilment operations from Singapore, regardless of where their parent company is based, particularly useful for US and EU based e-commerce operators.
This opening means that Asendia now has fulfilment solutions straddling three continents, Asia, Europe and North America.
The Singapore Fulfilment Centre will offer services including; order processing, global distribution, storage and stock management. Due to Singapore Harbour’s free-trade status and proximity to Asian manufacturing hubs customers will benefit from reduced transport costs and more efficient tax and duty management.
Commenting on the announcement, Dieter Pluess, CEO Asendia Singapore, said: “Asendia is leading the way when it comes to e-commerce, opening our Singapore Fulfilment Centre means our customers can benefit from state-of-the-art logistics technology ensuring their shoppers get the seamless service they expect. This new facility enables retailers to streamline their logistics, potentially reduce transport costs while ensuring their tax and duties burden is as efficient as possible.”
Pluess continues: “Online shopping continues to gather pace and shoppers expect ever improving e-commerce experiences. At the same time many of customers are looking for ways to do things faster, better and more efficiently. Being able to have orders ‘picked & packed’ in the region close to manufacture saves them time and reduces their environmental footprint.”
He adds, “Having a fulfilment base in Singapore is very attractive to our US and EU customers, as they benefit from lower warehousing costs and being able to fulfil orders close to where products are made.”
Source: Post and Parcel