Did you notice? On 29th Feb, sterling fell to a
one year low against the USD and dropped below the critical 1.40 level - bad
news if you're importing from overseas where your product costs are often
agreed in USD and, you may not realise, your freight costs are probably in USD
- that's a 10% cost hike in 3 months. Time to take a look at your logistics
costs and try and claw back some lost margin! But if you do review it, do it
professionally and ensure the reliability of your supply chain is not placed at
risk.
Please follow me on Twitter @AndyCliffSCL, visit our website www.straightforwardconsultancy.co.uk and our blog http://straightforwardconsultancy.blogspot.co.uk/
Andy Cliff is an industry professional who launched his own logistics consultancy, Straightforward Consultancy Ltd (SCL) after a 30 year career in international logistics, working for companies such as DB Schenker, Kuehne & Nagel and DHL Global Forwarding in operational, sales and management roles.
Andy felt that in an increasingly complex and confusing world of logistics, small-medium sized UK importers and exporters needed a company alongside them which could help them to reduce costs, lessen their workload and provide expert advice and support day-to-day. Andy was part of the judging panel for the 2015 Global Freight Awards, which recognize quality, innovation and performance in the field of international logistics.
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