A Fourth Party Logistics (4PL) service provider is tasked with identifying and managing the right outsourced partners to secure an effective end-to-end (E2E) supply chain. The role of a 4PL requires a high level of involvement from the provider in the customer’s business operation and presents a unique opportunity to collaborate effectively behind a long-term, win-win relationship. The effectiveness of this partnership is cemented in the understanding that both risk and reward are shared and determined by the quality of service provided.
The collaborative nature of a 4PL is fundamental to its continued adoption as a successful logistics model, however the real key to its success and competitive advantage is rooted on being neutral. Neutrality is critical to harnessing the flexibility this model offers, allowing 4PLs to pick Third Party Logistics (3PL) providers based on the real value they offer in an otherwise loyalty-driven market.
The ability to select individual service providers means that key performance indicators such as on time delivery, security and costs can be optimized. Neutrality then promotes healthy competition and the collective improvement of service levels by enabling a broader selection of carriers, warehousing providers and freight forwarders based on their performance, not on established commercial agreements.
Essentially, a 4PL service provider present customers with the opportunity to capitalize neutrality and enjoy tailor-made solutions that increase efficiency, promote sustainable competitiveness and secure a competitive advantage in an otherwise standard industry.
At Sure Destiny we believe in Neutrality and all our efforts are aimed at offering our clients a service that reflects the best cost-benefit ratio.