Executive Summary Definition of 4PL Logistics, 4PL Services or 4 Party Logistics, etc.. 4PL Logistics Definition What Are the Characteristics of a True 4PL? Introduction to 4PL 4PL has many different names. This includes 4PL, 4PL Logistics, 4PL Services, 4 Party Logistics, and so on. The concept is evolving and many entities that don’t meet…
Executive Summary Companies maintain private fleets and they have important advantages. The largest private fleets are concentrated in specific areas. Specific areas of logistics are more prone to outsourcing. Private fleets are shrinking. Interestingly, outsourced transportation is highly promoted while it is infrequent to promote private fleets. Introduction to the Overestimation of 3PL vs Private…
Executive Summary There is a fascinating history around the term 4PL for supply chain services, and there are several different types of 4PLs. 4PLs have been co-opted by companies that have no 4PL capabilities, such as IBM and Accenture. In this article, we cover how these companies bombed in the 4PL services market. Introduction I…
Executive Summary 3pls made some enormous promises, but they were unable to meet these promises. 7PL is a fake term created by 3PL providers to undermine the term 4PL. Introduction A few years ago the term 4PL was popularized by Accenture. 4PL created the idea of a company that managed outsourced logistics but did not…
Executive Summary SAP’s 3 PL and 4 PL solutions in the SAP APO suite are extremely problematic. There are important trade-offs and costs and complexity with SAP APO. Introduction into the Solutions for 3 PL and 4 PL One question the sometimes comes up is whether SAP offers an efficient solution for 4 PL logistics…
Executive Summary The term forward stocking location has a specific definition. The forward stocking location applies to service parts, 4PL and transportation management systems. Introduction I recently had a discussion that involved the topic of a forward stocking location. We decided to look up this term and did not find very much about it. None…
Executive Summary The 4th Party Logistics Provider Verbiage on the UPS Website Why No 3PL Can be a Real 4th Party Logistics Provider Why Asset Based Providers Want to Turn 4PL Into a Meaningless Buzzword Note to 3PLs Introduction We came upon the UPS website and found several web pages, where UPS presents its 4PL…
Executive Summary The reality of 3PL and 4PL must be understood regarding the ownership of logistics assets. How the 3PL model differs from the non-asset based 4PL model. Introduction to 3PL vs 4PL 3PL must be differentiated from 4PL. You will learn the differences in this article. See our references for this article and related…
Executive Summary Fourth party logistics providers were predicted as the wave of the future. Fourth party logistics providers are a non-asset-based approach that is based upon using the most up to date technologies. Is Fourth Party Logistics Providers an idea whose time has come? Introduction: The 4PL as a Coordinator A fourth party logistics provider…