Cost Hikes and Schedule Compliance Now Shippers’ Top Concerns
Posted October 16, 2014
Under International Trade Issues, Logistics & Supply Chain Issues
(Mike King – Lloyd’s Loading List)
Sudden cost hikes and poor schedule compliance by transport providers are now the key supply chain risks facing forwarders and shippers, according to a new survey by Transport Intelligence and supply chain software provider Kewill.
Launched at a media briefing today on the side-lines of Ti’s Emerging Markets Logistics Conference in Singapore, the survey found that supply chain risk has moved up the corporate agenda for 3PLs and shippers, with 73.9% of global OEM and logistics executive respondents revealing that a sudden increase in costs could significantly impact on revenue and profitability. Read more here.
