Logistics, Transportation and Automotive


The transportation sector is the main pillar of economic growth, as transportation networks are considered the arteries which economic and social activities flow through, where all sectors of the national economy depend on the services and facilities of this sector to link both production and consumption markets together, besides having the access to the needs of raw materials and services and operating. The transportation industry plays an important role in contributing to the domestic economy. It involves transportation of freight and passengers. They can be classified as infrastructure, vehicles and operations. The transportation sector helps in the expansion of opportunities, but also faces many complexities such as globalization of markets, international and economic integration, growing demands and stiff competition. Business has to focus on the best way to deliver goods and services to customers in a timely manner. When transporting a good, it is essential to monitor its path right from the pickup point until it is delivered. So the transportation industry, just like all other industries depend on information and communication technology. Transportation remains the largest revenue generator within tourism in Egypt in 2012.

 

Financial consultants for Marketable Securities Dr. A. M. Hegazy-(Horwath) understands the needs of the customers and the specifications of their supply chain within the transportation industry taking into consideration the need to have a well standardized system & operational manuals for the success of such companies. Taking care to acquire and strategically consolidate manpower, material and equipment, we assist through our consulting services client to formulate new distribution and logistics solutions for time-specific delivery and minimum cost. Our years of experience help us in implementing the best possible solution to meet your logistical requirements.

 

At the same time, the automotive industry is one of the world’s most prominent revenue-generating and fastest growing industries, comprising of manufacturers, suppliers, dealers, retailers and the like. The industry witnesses aggressive competition in every segment of its manufacturing process, various stakeholders seeking special means to reduce the business costs and increase revenues. There is also the continued need to standardize all activity procedures to ensure the benefits of specialization. It was not until 1985 that automotive giant, General Motors (GM), set up its first assembly plant in Egypt, revolutionizing the industry. In the more than two dozen years since, the Egyptian automotive assembly business has grown from just three plants relying on mostly imported components, to 16 businesses with 26 assembly lines, manufacturing now near 100,000 annually of passenger cars, light commercial vehicles, trucks, and buses, as well as 300 factories that produce most automotive components (IDA’s Vision for the Automotive Industry Report). Besides GM, giants such as BMW, Nissan, Hyundai, and Daewoo produce a majority of their product line in their factories in Egypt. In fact, the BMW assembly line in Egypt is the only factory outside Germany where the BMW 7 Series is produced. The total production market in Egypt consisted of only 49,335 vehicles in 2004. This figure rose to 116,683 vehicles in 2010; a 136% increase. However, due to the political changes starting in 2011, production was down over 31% in 2012. In 2013, Egypt was the third largest car-producing market in Africa, after South Africa and Morocco.

At Financial consultants for Marketable Securities Dr. A. M. Hegazy-(Horwath), we provide extensive expertise pertaining to financial, managerial and advisory services for such industry. We have offered services to some of the leading automotive dealers such as Toyota, MCV & Mercedes Benz and Jeep Cherokee in tackling major challenges through our due diligence & accounting tools ensuring protection of the business funds & assets.