4PL warehousing
In a 4PL model, an enterprise outsources management of logistics activities as well as the execution across the supply chain. The 4PL provider typically offers more strategic insight and management over the enterprise’s supply chain. A manufacturer will use a 4PL to essentially outsource its entire logistics and warehouse operations with inventory management. 4PL services typically encompass 3PL services as well as:
- Logistics strategy
- Consultancy
- Analytics including transportation spend, analysis, capacity utilization, and carrier performance
- Business planning
- Freight sourcing strategies
- Project management
- Strong room facility for high value good
- Network analysis and design