It has been widely argued that transport costs in the sub-Saharan African region are among the highest in the world. In a region where trade is largely conducted by road transport it is imperative that the inefficiencies within the sector are addressed in order to make trade in the region more competitive. Failing this, basic commodity prices are driven up, directly affecting half of the region’s population living on less than $1 a day. This severely affects the cost of imports, especially the price of food which some parts of the region are highly dependent upon. Addressing these inefficiencies will undoubtedly improve the region’s social and economic standing and advance the region towards achievement of the UN Sustainable Development Goals.
This seminar brought to light how, through data analytics, Globaltrack in partnership with their clients and other players in the transport sector, conceived efficient strategies for running transport operations in the region. Through analytics Globaltrack have been able to benchmark transporters’ performance against their industry peers, which includes recommendations on how transporters can improve their operations to increase efficiency and save costs.
The seminar presentation can be downloaded here [PDF 1.62MB]