8/15/2013

A survey conducted by German firm BVL International found that 1 in every 7 companies across the globe has no idea of their logistics costs. "A concerning result is that as many as 14 per cent of respondents cannot estimate their logistics costs," according to the survey, which covered 1,757 supply chain executives from various countries. The report also notes the importance for companies to "collaborate with partners both vertically and horizontally in their extended supply chain network."

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