The impact of fuel prices and oil volatility is assumed to be very great for the supply chain industry, but is it a dominant cost driver for all transport modes? And how will it really impact supply chains? The coping mechanisms adopted by the industry since the beginning of the pandemic has resulted in a broadening of supply bases, and an increased ability to manage risk. The potential for higher fuel costs to interfere in this seems limited.
In our latest whitepaper, Thomas Cullen examines the true impact of increased oil and fuel prices on sea, air and road freight, inventory policy and overall supply chain architecture. The paper provides a balanced view on how current pricing volatility might influence supply chain dynamics and which parts of the supply chain will be most impacted.
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