Employees in the Tuas port operations roomSINGAPORE - Media OutReach Newswire - 8 November 2024 - Singapore is strengthening its position as a global hub for supply chain management (SCM), providing international businesses with a reliable and efficient base to manage their regional and global supply chains. With top-notch infrastructure, a skilled talent pool, and forward-looking policies, Singapore invites businesses worldwide to establish or expand their operations in the city-state.From, the inauguralbrought together around 400 senior supply chain and business leaders to discuss the ongoing shifts in global supply chains. Organised by the, in collaboration with key industry and government partners, this landmark event highlighted Singapore's growing role in global supply chain management Industry leaders shared best practices on how companies are leveraging Southeast Asia (SEA) and Singapore to drive growth and diversify their supply chains within the region. Companies can leverage these resources to establish innovation teams or Centres of Excellence (COEs) to adopt advanced technologies for digital and sustainable supply chains.Singapore's top ranking in the World Bank's 2023 Logistics Performance Index reinforces its role as a global logistics management hub. Singapore Economic Development BoardThe Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore's position as a global centre for business, innovation, and talent.
