If you had delivered more on your promises now you can't On his behalf you are predicting demand You don't know the product
The future of all 3PL is to become a solution provider Advantages: Expansion of relationship More margin businesses Risk:
Being 4PL the direct relation is with the 3PL 4PL does coordination and planning- a strategic partner Its already a 3PL Its striving to be a 3PL and a 4PL LIMITED LIABILITY CONTRACTS: RESPOSIBLE FOR DELTA NEED: Huge scope for cost reduction
3PL Freight Contract Logistics
LEAD LOGISTICS PARTNER You will also manage Warehousing Logistics Linking together transport, warehousing, manufacturing, inventory management and suppliers
Competitive Advantage from IT The IT system is a Proprietary system. So this forms a competitive advantage Its Internet based It can integrate with Customers software. So uses open source software
Put simply: the 3PL is the logistics engineer; the 4PL/LLP is the supply chain strategist; and in between, customer demand takes all parties in any number of directions. From its inception, the 4PL model was meant to control variability. Theres no greater variable than globalization, and as a consequence, multinational businesses have been likely disciples of 4PL and LLP outsourcing strategies.