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Why It’s Important to Have a Strong Digital Presence in Freight Forwarding

MTS Logistics

While working in this industry, experts interact with various vendors, including workers in loading/off-loading operations, transporters for cargo/container movement, CHAs for customs clearance, shipping and airline professionals for freight handling, and 3PL & 4PL players for warehousing.

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3PL vs 4PL: Which One Is Best for Your Business 

GoShip Blog

This has brought about the rising need for 3PL (third-party logistics) and 4PL (fourth-party logistics). So how do you choose between 3PL and 4PL? that may cause your costs to skyrocket What is a 4PL? However, 4PL services cover a wider range of functions. You can give up most of the work to 4PL companies.

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Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

GlobalTranz

Solutions / Results: Through the lead logistics provider or 4PL and shipper relationship, the 4PL assumed responsibility for execution and management of other 3PLs. The 4PL provided an enhanced ability to view each supplier's key performance indicators integrated with financials. Taking a Customer-Centric Approach.

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9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners

GlobalTranz

Any and all members of the lean supply chain should use these tools to solve problems and reduce costs to increase value to the customer. Supplier Day Conference to look for cost reduction through Value Analysis. What about a 4PL? BONUS: 3PL vs. 4PL: What’s The Difference? Focus on Total Cost of Fulfillment.

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The Tug of War: Liner Operations vs. Logistics Services in the Ocean Carrier Industry

MTS Logistics

This shift from a reliance on highly skilled personnel to average online tools represented a critical loss of expertise and knowledge, a gap exposed during the Covid pandemic when these digital tools proved inadequate for managing exceptions.

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Achieving Chemical Supply Chain Optimization with CLX LaneLogix

CLX Logistics

They also no longer had to perform full tenders, as CLX LaneLogix easily filters out any carriers that don’t provide competitive rates.

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The Complete Supply Chain Acronyms & Abbreviations

Logistics Bureau

4PL 4th Party Logistics – A step beyond 3PL, 4PL providers manage the entire supply chain for a client. APS Advanced Planning Systems – Software tools that use complex algorithms to optimize supply chain planning. COA Certificate of Analysis – A document that confirms a product meets its product specification.