Consignment stock / Non-resident inventory in Europe
Example of Company A
Company A is a company established in Singapore. Company A export goods from Singapore and sells goods to customers in the EU. Company A wanted to have stock in Europe, but did not have any entities in Europe.
Example of Company B
Company B is a subsidiary of a Japanese company and is established in the UK. Company B had stock in the UK and sold the goods from its UK warehouse to its customers, but most of the customers were located in EU member countries. Company B wanted to have stock in EU member countries.
We proposed the consignment stock / non-resident inventory operation at our warehouse in Antwerp, Belgium.
A company which is not established in Belgium may nevertheless have stock in Belgium. With a stock operation in Antwerp, both companies A and B were able to shorten the transit time for deliveries, and this resulted in satisfied customers.
- Antwerp is located at the heart of Europe’s largest consumer market (e.g. Northwest England, Greater London, Benelux, southern Germany, German Rhineland, Alsace-Moselle France, Switzerland, and northern Italy.) It provides good access to the European market.