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Logistics costs of Finnish companies decreasing

Logistics costs of Finnish companies decreasing

News article 08.10.2010 10.56 fi en

Logistics costs totalled on average 11.9 % of the turnover of Finnish companies in 2009. In 2008, the corresponding figure was 14.2 %. This change is mainly due to a significant decrease in transport costs. In international comparisons, the competitiveness and logistic functionality of Finland continue to be very good.

This data was revealed by a study commissioned by the Ministry of Transport and Communications on the state of logistics in Finland in 2010, the sixth logistics survey commissioned by the Ministry.

More than 90 % of large and medium-sized companies consider logistics essential in terms of profitability and the level of customer service.

This year's survey focuses on the logistics costs of trade and manufacturing, key figures, logistics outsourcing and how a company's location influences its operations. The logistics survey, which is the most comprehensive study in the world conducted in this field, received some 1,800 responses.

The results indicate that the respondents' satisfaction with the logistic functionality in their company location has increased. Differences in operational environments between the south of Finland and the rest of the country were considered to have grown. The highest share of respondents satisfied with the logistics preconditions in their area was in Uusimaa, Päijät-Häme, South Karelia, Kanta-Häme, Varsinais-Suomi and Pirkanmaa, while the lowest figures were found in Lapland, South Savo, Kainuu and North Karelia.

The logistics survey was carried out by a group of logistics researchers at Turku School of Economics.