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Companies that have adopted and implemented robust security measures will benefit from increased visibility of goods in the supply chain, reduction in pilferages and greater efficiency in their supply chain management.
In addition, companies certified under the STP programme will be recognised as trusted partners of Singapore Customs and enjoy the following benefits:
- Cargo less likely to be inspected;
- Recognition as a low risk company i.e. enhanced branding;
- Reduced inspection or expedited clearance should certified status be also recognised by overseas countries;
- Designated account managers;
- Other trade facilitative benefits such as BG reduction; and
- STP companies will automatically be recognised as a known consignor (KC) under the Regulated Cargo Agent Regime (RCAR).
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