Until the pandemic, costs could be reduced in many areas; today, that task seems to be a mission impossible. Since 2021, the prices of energy and material inputs, transport, wages or the cost of repairs or strategic investments have been rising dramatically. The abundance of money in the economy set off an inflationary spiral that has further encouraged price or cost rises, even in sectors, products and services where this would not have been necessary. What can be done in this situation? It is probably not possible to “cut” costs, but it is possible to resort to “mitigating measures”, i.e., slowing their rapid increase?
Will automation, robotics and digitalization help to limit cost growth? Can we better set up processes in logistics and supply chain to find reserves and eliminate inefficiencies?
Is it possible to stagger wage growth over time so that we do not face a sudden cost spike, but at the same time do not drive out skilled employees?
Can we negotiate better operating financing or find a cheaper source of money? Which costs can be deferred so that we don’t jeopardize our company’s prosperity?
This year’s SLOVLOG congress takes a look at costs and attempts to answer these key questions and more.
First held in 2007, SLOVLOG is not only the oldest but also the largest congress for the logistics and transportation markets in Slovakia. The aim of the congress is to inform and inspire logistics professionals and to allow them the opportunity to learn about new trends and best practices in their industries. At the same time, the congress provides ample opportunities for the participants to make new business contacts while strengthening existing ones.
The 15th edition of SLOVLOG will include a full-day conference program including two specialized afternoon workshops: Retailog and Digilog, focused on logistics for the retail sector and FMCG sector and support for innovation in logistics. The accompanying program of the congress will include BizLOG (organized speed-dating meetings); SEELOG (visits to leading logistics platforms for a chance to see logistics in practice) and the Logistics Business Mixer, the ever-popular informal evening networking party.
You can read more about the congress here.