The transportation costs represent 50% or more of the supply chain spending, because for many companies transportation of goods is the highest operational supply chain expense. Therefore, managing freight costs is key for Supply Chain and Logistics professionals. The BCI Transportation Monitor will assist you to define you freight procurement strategy and tactics.
Different forces such as labor shortage, increasing fuel prices, energy transition and IMO2020 regulations drive rates up while the slowdown of economies drives rates down. Does the barometer move to the right or left? BCI's Transportation Monitor provides you with answers.
There are transport monitors on the market which have a rear-view mirror but lack predictive insights towards the future.
The BCI Transportation Monitor (BCI TM) provides market intelligence about both insights into historical as well as expected future freight rate developments of European road freight and global air and sea freight. The BCI Transportation Monitor enables supply chain and procurement professionals to develop and adjust their procurement strategy and tactics. It is a must read in these uncertain times.
In addition to freight cost developments, this edition of the BCI TM includes an article on how a Centre of Excellence adds value to your freight management or Control Tower.