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Overview of Singapore's Wholesale Trade Sector
19 May 2011
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The wholesale trade sector is one of the largest and fastest growing sectors in Singapore’s economy. It also provides a significant number of jobs. In this article, we provide an overview of the wholesale trade sector, including its growth drivers and manpower profile.
Wholesalers serve as intermediaries for producers...
The wholesale trade sector plays an important intermediary role in the production value chain. Wholesalers import or purchase goods from producers or other wholesale suppliers and subsequently on-sell to retailers, other wholesalers, manufacturers and overseas buyers. Before on-selling,wholesalers may collate, store, break bulk or repackage the goods (Exhibit 1). Beyond intermediation services, wholesalers may also provide credit facilities and technical advice to clients.
