(PRWEB) March 29, 2010
Already predicted to save the logistics industry €28 billion a year, horizontal collaboration in the supply chain is fast becoming the new "buzzword" for 2010.
The eyefortransport 2010 European Supply Chain Horizontal Collaboration Report is the result of survey responses from over 580 European supply chain executives, providing crucial insight from 3PLs, carriers and shippers (manufacturers & retailers) in regards to the current key issues of horizontal collaboration, including: expected timescales for widespread implementation, types of horizontal collaboration being utilised, industries leading the way in horizontal collaboration development, key drivers for initiation as well as common barriers.
The report reveals that widespread implementation of horizontal collaboration in the supply chain is expected by 88% of 3PLS, 86% of carriers and 85% of shippers. The projected timescales of widespread implementation varied with the majority of shippers (43%) estimating it would take over 5 years, whilst 3PLs (35%) and carriers (36%) estimating it would happen in the next 3 years.
Demonstrating the ever-increasing pressure to be more cost-efficient, 66% of shippers and 47% of carriers identified “cutting their transport costs” as the key driver to researching or implementing horizontal collaboration within their supply chain. Interestingly, the key driver for 3PLs was “cutting transport costs for their customers” at 48%, with only 38% identifying cutting their own transport costs as a significant driver.
Drivers that would prompt their companies to further invest in horizontal collaboration included: establishment of a legal/contractual framework (29% shippers, 21% 3PLs and 25% carriers), establishment of a regulatory framework (26% shippers, 14% 3PLs, and 23% carriers), establishment of gain-sharing models (34% shippers, 32% 3PLs, and 27% carriers) and more industry case studies (42% shippers, 33% 3PLs, and 29% carriers).
To download a complimentary copy of the report, please visit: http://events.eft.com/SCHC/download-free-industry-report.shtml
Legal/contractual/regulatory framework, gain-sharing models, industry case-studies are available and will be on the agenda at the Horizontal Collaboration in the Supply Chain Summit, taking place June 1-2 at the Hilton Hotel in Brussels. The Summit is a one-stop-shop for learning how you can profit from horizontal collaboration and apply it to your business and features leading case studies from Procter & Gamble, HJ Heinz, Henkel, Colgate-Palmolive, Bridgestone, Kimberly-Clark, Unilever, Baxter, General Mills, Nestlé, TDG, Damco and Norbert Dentressangle, all of whom will be sharing their mistakes and best practices.
Full details, including the agenda and speaker list, can be found at http://www.eft.com/collaboration.
Up until April 2nd, we're offering an Early Bird Discount on all ticket prices - save up to €700!
Visit http://www.eft.com/collaborationregister for all discount pricing and deadlines or to register your attendance.
For more information, contact:
Global Events Director
Tel: +44 (0) 207 375 7167
US Toll Free: 1 800 814 3459 ext 7167
Canada Toll Free: 1 866 996 1235 ext 7167
mmuir (at) eft (dot) com