Comment / Logistics budget back to basics – 'don’t get mad, get even'

AMRJOY

ID 13750540 © Melinda Nagy | Dreamstime.com

28/06/2023

With revenue dropping fast and costs on the up – drawing from my previous: ’Logistics budget down under – one the most difficult in decades’ – it is time to get back to basics not only for margin retention, but also cash management.

It is an opportunity to fine tune your business in several key areas and I am still surprised at how some of these points are – or aren’t – actually managed.

C.R.E.A.M.

(Cash Rules Everything Around Me; Wu-Tang ...

Comment on this article

You must be logged in to post a comment.

Topics

Supply chain radar

Most read news

Ceva Logistics UK named and shamed as a 'serial late-payer'

Freightmate 'a product of theft, not ingenuity' says Flexport

CMA CGM could build medium-size vessels in US, says Saade

Mercedes-Benz places record order for SAF with DB Schenker

Box ship in collision with tanker off UK coast

GXO Wincanton deal could see supermarkets funded to invest in new 3PL

M&A speculation swirls as EV Cargo unveils 'robust financial position'

White House can't see that trade war will hit US agriculture hardest

Tariffs will puncture North American trucking industry recovery

China hits out at Hutchison plan to sell Panama port holdings to MSC

Global container trade still strong, but front-loading not the cause

Lack of respect will dash carrier hopes of forwarding success

Maersk vessel forced to omit Cape Town as congestion mounts

US automakers fear 'double-whammy' cost hikes with latest tariffs

Zim seeks more annual contracts after strong 2024 results

Cyber-attacks a bigger threat to cargo owners than cargo ships