Transport costs have skyrocketed in recent years, severely impacting the profitability of businesses, particularly in the industrial sector. According to a study by Inrix (2023), freight prices increased by 18% in 2023, and the trend continues. The war in Ukraine, rising fuel prices, and disruptions in global supply chains are just some of the factors driving this surge in costs.
For supply chain managers and transport buyers in Europe, keeping these costs under control is a major challenge. It is crucial to understand the optimization levers that help limit price increases while maintaining efficient logistics.
Here are some ways to manage transport costs:
- Opt for multimodal solutions: Using different modes of transport (rail, sea, air, etc.) can help better manage costs depending on market fluctuations. For example, the use of rail transport reduced delivery costs by 25% in certain European areas in 2023 (source: European Transport Commission).
- Optimize inventory and route management: Route and schedule optimization is essential. Intelligent transport solutions, based on AI and big data, help reduce logistics costs by 10 to 15% by maximizing trip efficiency and minimizing waiting times.
- Reevaluate logistics partnerships: Relationships with transport providers must be continuously reassessed. It is crucial to integrate performance indicators (KPIs) and negotiate flexible contracts that adapt to market fluctuations.
At MAP TRANSPORT SA, we support industries in implementing tailor-made solutions to control these costs and optimize their supply chain. Our expertise allows us to anticipate market developments and secure supplies despite current economic uncertainties.
It’s time to rethink your logistics strategy to stay competitive!
