Need to Focus on Core Competencies Key Driver for 4PL Implementations.
PR Newswire Europe, September, 2005
LONDON, September 26 /PRNewswire/ --
- 4PL Partnerships to Support Organisational Move towards Effective Cost and IT Management
Currently long distance supply chain management has become crucial to remain competitive in the globalised economy. Not surprisingly, 80.0 per cent of customers surveyed across a range of industries in a recent Frost & Sullivan (http://transportation.frost.com) end user study considered it essential to outsource key areas of the logistic function to an external partner such as a 4PL provider.
Operational cost reduction in logistics activities, increasing globalisation, a single point of accountability and focus on the core competence were listed as the key drivers across all industry sectors in entering a 4PL...
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