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Putting Your Transportation Budget in Context: Using External Indices to Justify

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Putting Your Transportation Budget in Context: Using External Indices to Justify Your Transportation Spend to the Finance Geeks

During the budget process, you and your budget stakeholders are usually constrained to internal metrics such as projected YoY revenue growth and artificial expense growth caps. For a more robust conversation regarding your budget, you should use external indices and trends to put the growth of transportation spend into context. Indices and metrics available within the public domain could provide macroeconomic context around the cost pressures faced by you. This session will provide you with an introduction to some of the available indices and what they mean to the sellers of transportation services in terms of their cost and the pricing power they have with you as a buyer.

 

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