Fourth-Party Logistics (4PL)

Fourth-party logistics (4PL) is when a company outsources its supply chain management to an independent company.

A fourth party logistics provider’s (4PL) role usually includes analysing vast amounts of data, managing transport and warehouse operations, managing third-party logistics suppliers and generally operating any other section of the supply chain to optimise efficiency.

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Optimise your supply chain by using a fourth-party logistics provider (4PL)

Typically, companies choose a 4PL when their supply chain reaches a new level of complexity that needs external help to implement a strategy to improve their supply chain. A good 4PL provider will help you identify areas for improvement and develop a bespoke logistics solution while taking complex matters into their own hands for you, so you don’t have to worry about it.

Benefits of using a 4PL (fourth-party logistics provider)

  • Cost reduction
  • More efficient processes
  • Sourcing the most cost-effective services
  • Strategic improvements to your supply chain

4PL logistics to save time and reduce costs

As a fourth party logistics provider (4PL), at Good Logistics, we manage almost all aspects of our customers’ supply chains. We have long-term contracts with our clients and act as a single point of contact, managing a network of suppliers whilst integrating technology and resources into all of their supply chain and logistics requirements.

This close partnership with our customers helps drive efficiency and visibility across their supply chain, with a clear focus on cost and time-saving initiatives based on long-term strategic goals. We combine all of this with managing procurement and managing the formal bidding or tender process. Operational key performance indicators (KPIs) allow our customers to focus on running their business, confident that they have a trusted partner they can rely on and trust.

Benefits of using a 4PL (fourth-party logistics provider)

  • Optimise transport operations
  • Increase visibility through centralised operations software
  • Simplify purchase ledger accounting
  • Provide ‘big picture’ data analytics
  • Improve cost control
  • Manage 3rd party suppliers
  • Implement continuous improvement initiatives
  • Link KPI’s & reporting
  • Manage procurement and tender processes
  • Analyse existing networks & define solutions
  • Analyse capacity utilisation