Warehouse Management in SingaporeBonded warehouse services
Bonded warehouse services
A bonded warehouse is a secured warehouse facility where export companies uses it to store products that are dutiable. The warehouse is strictly supervised by the respective country’s customs and companies do not need to pay import duty and/or Value Added Tax (VAT) until the products until the goods are purchased from the facility. Bonded warehouse services can be run by private companies or the government, subjecting to the government guidelines in that country. This article will bring you through the benefits of utilizing SDR’s bonded warehousing services.
Improved Cash flow
The fact that payment of duty and/or VAT can be delayed until products have been procured allows companies to manage their cash flow better. With the products stocked in bonded warehouses, all of them are classified as duty suspended. With SDR’s Bonded Warehouse Logistics services, companies can avoid the issue of paying a substantial amount of taxes upfront which might leave companies out of pocket. Therefore, the money can be used efficiently in other aspects of the business.
Versatility
SDR provides the use of Bonded Warehousing services and adds flexibility to companies’ business operations as they can store products of different types and materials in it. Regardless of how commonly or uncommonly shaped, how large or tiny, perishable or less perishable, your products are safely stored over at our bonded warehouses. Products can be imported and stored prior to peak periods so they are instantly available to meet demands without delays, thus improving customer service. If you are searching for a quality warehousing and logistics solution for your imported products, SDR’s Bonded Warehouse Logistics service is the perfect answer.
Security of Goods
Most bonded warehouses are strictly controlled by the respective governments, therefore, security and stock management are usually maintained on a higher level. For most warehouses, security personnel are employed to surveil the facilities on a 24-hour basis to ensure optimal protection. With SDR’s well-regulated and modernized security systems, bar coding systems and efficient Warehouse Management systems, your goods will be stored precisely and properly accounted for.
Long-Term Storage
Most bonded warehouses allow companies to store their products for a period of up to 4 years or more. In some countries, companies can even attain unlimited storage time in the bonded warehouses. Storing products for long periods give companies the freedom to sit on their products until demand is high. Furthermore, bonded warehouses have quality storage technology and resources to conserve the condition of different products. No matter what the industry is, SDR’s Bonded Warehouse Service is efficient in storing products in deep freezers, dry containers, and mass storage equipment to preserve products in its condition.
Enquire about our Bonded Warehouse Services today and have your goods delivered in a cost-efficient and seamless process.
Why Us
- SDR provides manufacturers and consumers supply chain operating, transaction cost reductions and increases logistics service quality
- SDR integrated logistics solutions supply chain management helps companies maximize efficiencies and cost savings
- SDR takes care of customer’s businesses and continue implements systems to help customers in their business needs in adoption to the trend and changes of environment
- We input full commitment in servicing our customers and ensure quality partnership in long term basis
- We monitor and provide useful information in market intelligence to our customers