Managing freight costs is key for supply chain and logistics professionals. The Covid-19 crisis makes companies even more aware that creating visibility and optionality in transport and logistics is a must. The BCI Transportation Monitor will assist you how to manage costs and provides five strategies how to create optionality and visibility in transport and logistics during Covid19 crisis and beyond.
Different forces, partially driven by the Covid19 crisis, such as capacity constraints in airfreight, blank sailings and false positioning of containers in ocean freight, border delays in European road freight drive rates up while decreasing fuel prices, supply overcapacity and the dramatic slowdown of economies drive 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.
Source: BCI Global, 2020
The BCI Transportation Monitor provides market intelligence about 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. Read the monitor and use it to determine your freight procurement strategy and implement the strategies to build visibility and optionality in transport and logistics.
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