Sunday, November 07, 2004

Logistics Provider

4PLs

Fourth-party logistics is beyond the talking stages and now presents plentiful opportunities for manufacturers and distributors. Fourth-party logistics (4PL) has finally moved from concept to reality! Supply chain costs have remained to increase and the business partners are constantly in search of new ways to curtail the logistics expenses in spite of striking improvements in service offerings and systems. Furthermore, the 4PLs movement suggests potential players a chance to widen their business offerings and/or to generate new business-to-business (B2B) venture. In this write-up the author further outlines the challenges and concerns faced by the 4PLs in more details.

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