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Jan 19 2017

Cost is top priority for logistics operations

Over half of respondents (57.3 per cent) said that targeting savings is their main priority followed by improving planning accuracy (14.5 per cent) and increasing profitability (9.7 per cent).

 

However, these businesses anticipate a number of barriers – including lack of investment, a skills shortage, economic uncertainty and eroding margins – which will be exacerbated by the impact of Brexit and increasing pressure on the road network.

 

A third said the biggest challenge to their business was the growing driver and skills shortage. Rising transport costs was second (26.3 per cent), followed by a reduction in economic growth (18.6 per cent).

 

Furthermore, respondents suggested that from a transport planning perspective a lack of investment, operational data, system integration and management buy-in was affecting their ability to achieve key objectives moving forward. Read more

 

 

Source: LOGISTICS MANAGER