SINGPOST is set to roll out an e-commerce fulfilment solution for small and medium-sized enterprises (SMEs) in April, it said on Wednesday.
This service, called ezyCommerce, will automate the "order-to-fulfilment" cycle, letting SMEs outsource the inventory management and order fulfilment parts of their online business.
"ezyCommerce focuses on the mid-market and provides a stepping stone for SMEs to efficiently grow their business locally and internationally," said Wolfgang Baier, SingPost's group CEO.
"By outsourcing fulfilment and delivery to SingPost, SMEs can better focus on business growth strategy and scale up their business across multiple marketplaces and countries without contending with fixed fulfilment costs, hence boosting both sales and productivity."
Through the service, SMEs can connect multiple online sales channels, centralise inventory, automate ordering processing and offer multiple delivery modes to their customers, SingPost said.
An ezyCommerce-Spring SME subsidy grant will be offered to 50 eligible SMEs on a first-come-first-serve basis. This grant gives eligible firms a 70 per cent subsidy on all ezyCommerce-related expenditure for six months. It will be capped at S$7,000 per company per month, up to a period of six months per firm.
ezyCommerce carries a monthly subscription fee, but SMEs signing up before June 1 will get a three-month fee waiver.
According to SingPost, modular solutions such as shopping cart integrations, returns and import services will be rolled out progressively.