You can develop new logistics capabilities, harness IT for resource planning and data interchange and form strategic alliances with other service providers to offer a wider and more complete value-chain of services.
Industry-level Projects
Industry-level projects can be started by a group of companies to jointly improve their competitiveness and innovative capabilities.
Enterprise-level Projects
The Logistics CDP also supports individual logistic SMEs to embark on capability development projects.
You can apply for the Logistics Capability Development Programme if your company / project meets these criteria :
- at least 30% of your shareholding is local
- your company’s group fixed assets are worth below $15 million*
- you have not more than 200 employees (for companies in the services sector)*
- develops new capabilities that significantly improve productivity and/or value-added per worker
- leads to significant contributions to the sector
- has not commenced at the time of application
*
Computed on a group basis i.e. checking up to three levels for corporate shareholders holding 20% or more of the total shareholding in the company and one level down where the company holds more than 50% of the shareholding in a subsidiary company.
Funding support is available for companies embarking on eligible projects under the Logistics CDP. Eligible costs include :
a) Manpower-related Costs
- Salary of project members (excludes bonuses)
- Airfare (economy) and cost of living allowances
- Training costs
b) Equipment & Materials
- Industrial equipment, materials & consumables
- Hardware and software
c) Professional Services
- Consultancy
- Subcontracting
Examples of projects:
(a)
Capability Upgrading Projects to enhance the quality of logistics services.
(b)
Process Improvement Projects such as the adoption of best practices, information technology deployment or workflow process enhancement.
(c)
Development of New Services to help SMEs extend their service offerings, such as project management expertise, track-and-trace capabilities, vendor managed inventory (VMI) etc.
(d)
Certification of Processes to internationally recognised standards such as Responsible Care Programme, HACCP certification for cold chain logistics etc.
(e)
Strategic Alliances that enable SMEs to provide a wider range of services and access new markets.