A CFO Primer on Transportation’s Impact on Financial Performance
Transportation costs unquestionably impact a company’s financial performance. And yet, for most CFOs, controlling these costs sits far down on the priority list
in the NewsKnight-Swift to add 400 trucks, drivers with Abilene tuck-in acquisition Panjiva says trade fundamentals are strong, despite concerns over tariffs NEXT Trucking and Mitsui O.S.K. Lines partner to service SMEs Solving the Labor Shortage Crisis: The Four Benefits of an Automated Warehouse CBRE research points to expected gains in cold-storage warehouse space More News
Transportation costs unquestionably impact a company’s financial performance. And yet, for most CFOs, controlling these costs sits far down on the priority list.
Despite strong evidence that better collaboration between Transportation and Finance leads to more informed and smarter decisions, active collaboration is rare. Why? Because CFOs and logistics managers view transportation through a very different set of lenses.
While CFOs evaluate strategies based on the impact on profitability, asset utilization, and other company-wide metrics, logistics managers focus more on their own departmental budgets and metrics and don’t always communicate the broad consequences of transportation decisions up and down the line. As a result, CFOs can get a false read on the financial impact of transportation and logistics decisions.
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
Reverse Logistics in the “Age of Entitlement” Logistics Management’s Viewpoint on E-commerce: Leveraging available tools View More From this Issue