The main business in Singapore is trading. Many of the countries around the world source their products from Singapore. The countries that manufacture goods also export their products to Singapore as they find an excellent market here. Singapore doesn't just cater to itself but also the neighboring countries and those in remote corners of the world. This has greatly increased the need for logistics services. The goods must be transported inside the island and beyond the borders to neighboring countries. The products must be shipped to various nations. The imported goods must be cleared on time and reached to the traders here. All these need excellent logistics service. The traders also need a warehouse in Singapore for storing the goods in between their travel to and from Singapore.
Why Is Renting A Warehouse In Singapore Better Than Owning One?
Most of the companies in Singapore that need warehouses are trading companies. They are mostly small and medium-sized companies that cannot afford to purchase a warehouse upfront. Investing such a large amount of money is not viable for these companies and this is why renting a warehouse is much better. It is not just the investment that matters. A warehouse needs to be maintained and this will be a recurring expense. If the warehouse is rented, you only have to pay rent for the period that you use. But the maintenance must be done even if you don't use it all the time.
The needs of a trader keep differing. The goods they trade-in can be different from time to time. This means that the warehouse requirements also may vary. There may be times when they need a lot of space and other times when they need only a smaller space but with some additional facilities like air conditioning etc. Own warehouses don't offer this flexibility. When they rent a warehouse, they can rent a warehouse that will exactly suit their needs. This is another advantage of renting a warehouse than owning one.
As there are many warehouses in Singapore, the traders can get them at very affordable prices. There may be seasons when the warehouse prices will be very low. This will benefit the traders. If they have their warehouse the monthly expenses are going to be fixed whether there is enough business or not. Considering all the facts about renting a warehouse is much better than owning for these traders.
The Facilities Provided By The Warehouse Owners
When you rent a warehouse, you are also getting access to various facilities that you may not be able to arrange on your own. The warehouses in Singapore have the most modern technology incorporated in them. These warehouses use the latest warehouse management solutions. You can know the movement of your goods with all the details. The warehouses have 24-hour surveillance and this means that your goods are fully safe there.
All the warehouses allow you the freedom to stuff and de-stuff your containers so that you don’t have to look for another place to sort your goods for forwarding it to your customers. You can re-palletize and re-label the goods in the warehouses and send them to your customers. The warehouses can handle all goods and are permitted to store and handle even hazardous goods.
Transportation Facilities For Your Goods
The logistics companies in Singapore offer complete logistics support for your company. They can provide you with transport and logistics support that will help you move the goods from the port to wherever you choose. You can send the goods to your customers in Singapore. The logistics companies will provide you with a door-to-door delivery facility. You can remove the goods from the warehouses and directly deliver it to your customers without having to take them to your office.
Transport facility provided by the companies is available for cross-border delivery of goods too. You can send the goods by road to Malaysia and Thailand. You can serve your customers in those countries from Singapore. The companies will also provide you with trucks to carry loose cargo without any damage or loss. You can also send goods that are extra tall or wide using the trucks provided by the logistics companies.
A Variety Of Logistics Support Provided By The Companies
There are many logistics facilities that these companies provide. They are the main support for the trading companies in Singapore. They help the companies to clear the goods within a short time taking care of all the paperwork. These companies can get the goods cleared from the port so that the traders can forward the goods to their customers without any delay.
For the exporters, the logistics companies will find the fastest shipping routes so that their customers get the goods on time. They will also use their contacts worldwide to get you the best shipping rates.
The logistics companies will also carry out all the formalities that are needed for the export of goods to different countries. Different countries around the world will require different types of treatments to be done to goods that are being exported. The logistics companies know the regulations and will ensure these are done.