Cost reduction is a crucial subject in logistics and we often see companies struggling to devise strategies to achieve cost reductions. In today’s blog post, we will go over five key areas that you can focus on if you want to improve the bottom line of your logistics business by reducing costs. 1.Inventory Level Management Maintaining an optimal level of inventory is the first area for you to focus on if you are looking at

What is Logistics management? Logistics management is a detailed process of organizing and implementing an operation. When it comes to business, that process is the flow of work from the beginning to the end, to fulfill customer expectations as well as those of your organization. Logistics management manages resources that can range from tangible goods (such as materials, equipment, and supplies) to food or other consumable items. There are four main types of logistics management,

GPC Energy and Logistics, one of the nation’s fastest growing logistics firms, has revealed the company’s new brand identity. Confirming this in Lagos, the MD/CEO of GPC, Elvis Okonji, said that this move is reflective of the changes in the stature and personality of GPC as a “future forward” brand. Coming on the heels of the company’s 10th year anniversary, industry watchers say this development is strategic. Commencing operations with only 5 units of used

The Chief Executive Officer of GPC Energy & Logistics Limited, Mr. Elvis Okonji in this interview with Peter Uzoho, speaks on a wide range of issues including his voyage into full-time haulage business and his personal principle and philosophy that are driving the success and growth of the multi-billion naira business. Okonji also delves into his eternal passion for the logistics business, the ambition of the company to become a publicly quoted company as part

In almost every industry, supply chain management poses various challenges but none of them are as complex as the Oil and Gas Industry. These two, being highly inflammable material, require careful handling throughout. For a company dealing with transport of these materials, it is important to be careful in all respects so as to avoid incurring heavy damages. Apart from the safety issues, there are several other factors influencing the profit margins and efficiency of