sharing of singapore experience : creating value through ...€¦ · integrated trade and logistics...
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Sharing of Singapore Experience :
Creating Value through Business Transformation
Copyright 2012 @ Singapore Customs
Transformation began since 1819
Major Export Markets, 2011
Source: Singapore in Figures 2012, Department of Statistics Singapore
In 2011, Total trade is S$974 billion, more than 3 times Singapore’s GDP
Then .. Now ..
Copyright 2012 @ Singapore Customs
Stakeholder
Confidence
Trade and Singapore Customs
• As the guardian of Singapore’s trade, we uphold
our laws to build trust, facilitate trade and protect
revenue.
• We contribute to Singapore’s growth as a global trade and
transportation hub by making trade fair, easy and
secure
Copyright 2012 @ Singapore Customs
More than 30 Years of IT Innovation
Automation(1981 – 1990)
TradeNet®
(1986 - 1989)
Business Intelligence(1997 - 2002)
TradeXchange® & eCustoms
(2003 - 2007)
Singapore Customs
e-Journey
Integration(1988 - 1996)
Unique Establishment Identifier
(2008 - 2009)
Smart Architecture(2009 - 2013)
Copyright 2012 @ Singapore Customs
Freight Forwarders
Shippers
InsuranceAgents
Copyright 2012 @ Singapore Customs 1Confidential
ICAPort Operators
Banks
Registration Revenue Management Inventory Control
Pre-Clearance Clearance Post Clearance
eCustoms
Banks
IT Value Added Service Providers
Marine Cargo Insurance Application
Trade Finance (Factoring Application)
Trade Permit Preparation
Business-to-Business Services Business-to-Government Services
TradeNet®
Whole-Of-
Government Trade
Permit Clearing
House
Warehouse
Business Communities
Integrated Trade and Logistics Systems for air, land, sea and government
Insurance & Finance Service
Providers
Agri-food &
Veterinary
Authority
International
Enterprise
Singapore
Board
National
Environmental
Agency
Central
Narcotics
Bureau
Media Development
Authority
InfoComm
Development
Authority of
Singapore
Singapore Customs
[incl National
Authority (CWC)]
Health
Sciences
Authority
Singapore
Police Force
Singapore Civil
Defence Force
Ministry of
Health
Building &
Construction
Authority
TradeNet® : A Single Clearing House for all
Trade Formalities
Single form
Single submission
Single interface
Single process
12 CAs with
35 Controlling
Units
Copyright 2012 @ Singapore Customs
Automatic bank account deduction
By cheque8. Customs duties collection
Same electronic document routed to controlling agencies for processing
Separate documents sent to different controlling agencies for processing
7. Controlled goods handling
Same electronic document routed to customs for processing
Separate documents for customs processing
6. Dutiable goods handling
Within 10 minsFrom 4hrs to 2-7 days5. Turnaround time for approval
Single copyMultiple copies4. Copies of document
NO trips requiredAt least 2 trips or more3. Trips per controlling agency per document
Available 24 hrsWithin office hours2. Time of submission
Electronically from comforts of office (or home)
Via expensive dispatch clerks/ couriers
1. Submission of document
TradeNet® BenefitPrevious Manual processCharacteristics
Source: APEC Economies: Breaking down the barriers, Shanghai 2001 (modified)
TradeNet® : Before and After
Copyright 2012 @ Singapore Customs
TradeNet® : Key Challenges & Approaches
• Different Degree of Computerisation
• Major Change to Operation
Clear mandate from Government
Driven by appointed
Lead Agency
Dedicated Committee &
Working Group
Participation from Private
Sector
Pilot & Tests
Education
Copyright 2012 @ Singapore Customs
Enablers Common, neutral & secure
platform
Open access model for connectivity
Common data standards for exchange of data.
Data repository for re-use of data.
TradeXchange® : Re-Engineering Supply Chain Flows
Systems ProcessesDataCopyright 2012 @ Singapore Customs
Supplier Financing
Enhanced Productivity & Business Agility Through
TradeXchange®
Time Savings in Trade
Permit Preparation
Up to 90%
Up to 50%
Faster & Less
Costly
Time Savings in Marine Cargo
Insurance applications.
Mar
ine
In
sura
nce
Trad
e
Fin
ance
Pe
rmit
P
rep
arat
ion
Importers/
ExporterSends shipment
& trade data
through single
platform
Freight
forwardersImporters’/
Exporters’ data
used for freight
processing
BanksImporters’/
Exporters’ data
used for finance
applications
Insurance
CompaniesForwarders’ data
used for cargo
insurance
applications
Up to 90%Time Savings in Marine Cargo
Insurance applications.
Singapore
Customs
Importers’ /
Exporters’
&
Forwarders’
data permit
declarations
Copyright 2012 @ Singapore Customs
Insurance CommunityImporter/Exporter Community
Value Added Service Providers
Banks
Forwarder Community
HAMSWOOD
More than 100 companies have benefitted from TradeXchange®
Data@Source Freight Management E-Certificate of Origin applications
Processes coming soon…
TradeXchange®
An Evergrowing Ecosystem
Chambers of Commerce
Beneficiaries
Copyright 2012 @ Singapore Customs
TradeXchange® : Key Challenges & Approaches
• Complex Supply Chain Landscape
• Difficult to unravel Old Business Practices
Close Partnership with Key Stakeholders across the Value Chain
Copyright 2012 @ Singapore Customs
Thank You.
Visit Singapore Customs at www.customs.gov.sg
Copyright 2012 @ Singapore Customs
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