Singapore Logistics Industry Case Study

Singapore is a major logistics hub in this region. The logistics industry is an important contributor as well as connector of Singapore’s economy. Logistics industry links up the supply chain domestically and internationally, and in the process provides employment opportunities to Singapore’s job market. However, like many other sectors in Singapore, Logistics Industry also faces some. challenges from various factors. In this assignment, students need to discuss the contributions, the challenges and the improvement strategies in this sector. By using micro/macroeconomic concepts to discuss how this sector continues playing an important pillar for Singapore economic growth. Obtain and discuss the relevant economic evidence to support all the position statements.

Assignment Guidelines

The project is suggested including or answering all of the following items or questions :

1) Introduction
What is the logistics industry in Singapore?
The role and importance of logistics industry in Singapore.

2) Contributions of this sector to the Singapore’s economy
Inventory management, purchasing, transportation, warehousing, consultation, organizing and planning.

3) Challenges facing by this sector in the present and future.
Shortage of skilled and unskilled talent, dependency of regional, competition from other regional logistics hub, digital media revolution, cyber-crime, government regulation and deregulation.

4) Strategic planning by this sector in the present and future.
Training and education, government tax policies, innovation, digital participation project, security regulation and global innovation.

5) Conclusion : The outlook of the logistics industry in Singapore Economic Development.

6) Referencing and Structure Formatting.

Homework Paper
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