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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. The Differences between 4PL and 3PL. What is 4PL? What is 3PL?

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Companies Focused on Sustainability; Supply Chains Play Integral Role

Logistics Business Magazine

As more industries and businesses prioritise sustainable practices in order to build a greener future, Coyote Logistics, a leading global logistics service provider, released the results of its latest proprietary research study titled ‘Sustainable Supply Chain Management: Driving a Smarter, More Sustainable Future.’

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

– Third-Party Logistics Study, 2022, NTT Data. Insights from an E-marketer study mentioned that by diversifying consumer experiences, D2C brands have successfully disrupted the retail industry. Rise in demand for 3PL and 4PL services. The 4PL market is expected to grow to around 86.26 compared to this year.

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Building Profitability with Agility while Digitally Transforming the Supply Chain

Logistics Viewpoints

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model.

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Top 10 SCM Trends for 2024

Logistics Business Magazine

His statements are based not only on discussions with experts from the industry and research, but also on data from Setlog customers who use the SCM tool OSCA. Studies show that in some areas, around a third of companies that were unable to fill all vacancies did not receive a single application.