Profit growth in a static or declining market can be problematic for logistics companies. Cutting overhead will produce results quickly but eventually, improvements in revenues and/or margins will be required. Aggressively selling the same product in the same way generally results in reduced margins often accompanied by additional overhead.
A logistics company can therefore choose to pursue one of three growth strategies:
• Developing new products or service lines;
• Using new ways of selling or account management;
• Undertaking acquisitions, mergers or alliances (either domestic or international)
Most logistics companies are ill-equipped to undertake such an endeavour. I have worked in the logistics sector for more than 20 years and have experience in developing and delivering growth strategies. I can either undertake the work in a consultancy capacity or through facilitating workshops and coaching your existing team.
Contact me for an introductory conversation.
David Hindson
Mobile: +44 (7771) 764765
e-mail:davidhindson@hotmail.com