Executive Briefings

Digital Supply Chain Tech Could Drive Huge Savings for Heavy Vehicles, Study Says

Annual operating costs for heavy goods vehicles could be slashed by around 28 percent per vehicle by 2025 by adopting new digital supply chain technology.

Digital Supply Chain Tech Could Drive Huge Savings for Heavy Vehicles, Study Says

A study by the consultancy Strategy& paints a picture of a new world of trucking, where vehicles communicate with each other and the arrival of goods at their destination is controlled to the minute.

It believes the typical annual costs of around €115,600 ($150,000) for an average traditional long-haul truck could be reduced by between €17,000 ($22,000) and €32,400 ($42,000) a year.

Strategy&’s study said “connected” trucks, in combination with a digital supply chain, promised to radically overhaul the trucking industry, but companies that modernised now would be the biggest beneficiaries.

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A study by the consultancy Strategy& paints a picture of a new world of trucking, where vehicles communicate with each other and the arrival of goods at their destination is controlled to the minute.

It believes the typical annual costs of around €115,600 ($150,000) for an average traditional long-haul truck could be reduced by between €17,000 ($22,000) and €32,400 ($42,000) a year.

Strategy&’s study said “connected” trucks, in combination with a digital supply chain, promised to radically overhaul the trucking industry, but companies that modernised now would be the biggest beneficiaries.

Read Full Article

Digital Supply Chain Tech Could Drive Huge Savings for Heavy Vehicles, Study Says