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A supply chain is made up of all the businesses and persons involved in the manufacture of goods, from raw materials to finished items. Logistics include shipment, storage, delivery services, transportation, and commercial shipping. The thorough planning and execution of a complex automobile transportation operation is referred to as automotive logistics.
It includes all forms of transportation, including rail, truck, and maritime. Automotive logistics refers to the transportation of auto components, replacement parts, and entire vehicles from supplier to customer, including transport, warehousing, unloading, loading, distribution, and data processing as the key functions.
Its goal is to give the highest quality service at the lowest operating cost feasible, and it is distinguished by its complexity, expertise, and major infrastructure and labour investment.
The Saudi Arabia Automotive logistics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Saudi Arabia ‘fortifies’ the automotive supply chain as it chases production targets.A contract has been reached to assist in the development of Saudi Arabia’s automotive supply chain.
Bahri Logistics and Mosolf Group have inked an agreement to construct and develop an automobile logistics framework in Saudi Arabia, with the goal of spreading it across the Gulf Cooperation Council.
The mutually beneficial partnership aims to implement new solutions that will improve the local and regional vehicle supply chain network by using both parties’ industry knowledge and pooled resources.
The arrangement comes against the backdrop of Saudi Arabia’s Vision 2030 economic diversification strategy and is part of efforts to meet a target of 300,000 automobiles per year
Bahri, which is 22% owned by Saudi Arabia’s Public Investment Fund (PIF), and Mosolf, a German automotive supplier, will collaborate to create and run an automotive logistics system in Saudi Arabia that would “prioritise B2B fulfilment and the application of industry-leading logistics practises.”
Mosolf Group and Bahri Logistics will provide the greatest circumstances for the innovative and sustainable development of the automotive sector in Saudi Arabia and the GCC by drawing on the histories of the companies.