South Africans should brace themselves for the hard hitting and far-reaching impact of the fuel price hike, which will increase costs across entire supply chains, says MJ Schoemaker, president of SAPICS, The Professional Body for Supply Chain Management. “Transport companies and logistics service providers that are paying more for their diesel will have to push these costs through to their customers in the form of a fuel surcharge. However, it is not only transport costs that will be affected. What many South Africans are underestimating is how the petrol and diesel price…
Read MoreFUEL PRICE HIKE WILL DRIVE UP COSTS ACROSS VIRTUALLY ALL SUPPLY CHAINS
