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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.
The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The final goal was to develop end-to-end visibility based on leveraging data analytics.
Sufficient due diligence is exercised in partner selection. The next step should be to examine why each of those points on your list is a pro or a con and then highlight the ones you don’t have any verifiable data or evidence to support. Service expectations are clearly and assertively set out during contract development.
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