Developing future proof supply chains and cutting costs

admin Blog, Supply Chain 0 Comments

A recent survey carried out by Jones Lang LaSalle, revealed that 71 per cent of supply chain managers believe cutting costs will be the top trend for the next five years.The findings are indicative of the current economic situation and reflect the increasing pressure being put on supply chain managers to reduce costs. Other key trends highlighted in the survey, …

Addressing the shortage of professional drivers

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Helen Gallimore explores the potential ramifications of the current shortage in drivers, on the road transport industry. During the past decade there has been an increasing shortage of professional drivers across the globe. This phenomenon has so far been partially masked by the economic crisis, however, as some market outlooks improve, the issue is likely to become a major challenge. …

Expensive alternative fuel vehicles

admin Blog, Oil&Gas, Supply Chain 0 Comments

A study carried out by the Grant Thornton International Business Report (IBR) found that one in four business leaders are either using or are considering adopting alternative fuel vehicles. Unsurprisingly the most cited reason for considering alternative fuels was cost. With Brent Crude oil currently at $108 per barrel and the IMF warning that prices could double by 2022, businesses see fuel …

Going Postal – how business should react to the Royal Mail’s price hike

admin Blog, Procurement 0 Comments

With the Royal Mail today announcing that the price of a first class stamp will go up by 30 per cent, what can businesses do to ensure their costs are not severely affected? The correct response to any supplier radically increasing prices is to try and mitigate it: reduce volumes, switch to a different supplier or change the business model. …

Cutting costs to drive growth – CFO Survey 2012

admin Blog, Finance 0 Comments

High value cost transformation strategies such as procurement and supply chain are pivotal for businesses to continue to thrive in the current economic climate.Whilst cutting costs and driving growth were unsurprisingly listed as the main priorities for 2012, supply risk has also moved up the agenda. This is due to an increasingly globalised supply chain and a series of high …