TITLE

Backhauling and Factory Gate Pricing

PUB. DATE
May 2002
SOURCE
Logistics & Transport Focus;May2002, Vol. 4 Issue 4, p65
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The interest and concern which the issue of factory gate pricing is causing in the fast moving consumer goods world was evident by the attendance at the conference which was launched by the Institute of Grocery Distribution (IGD) in Great Britain. The IGD defines factory gate pricing (FGP) as the point at which the product is fully assembled and in a ready state to be sent to the retailer. Backhauling is not new to the logistics world. The savings that have been achieved to date are considerable. The IGD survey showed the hauliers taking positive view of FGP and increased backhauling. With two major retailers already implementing and others closely monitoring developments, manufacturers have no option but to assess the implications for their operations, factoring in the benefits which the retailers claim will accrue to all supply-chain partners with the increased emphasis on satisfying the customer.
ACCESSION #
11510541

 

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