In some cases, 3PLs also offer fourth-party logistics provider (4PL) or lead logistics provider
Premier Foods, the UK's largest food producer, has extended its existing contract with Jigsaw, the specialist provider of large-scale managed transport solutions, to include transport management and lead logistics provider
services at its new Corby distribution centre.
Alternatively, a contract for a lead logistics provider
(LLP) might also include analytics and recommendations so as to identify opportunities for your company.
"Of the total 6,398 shipper-3PL relationships we track in our database, 1,184, or 18.5 percent, are strategic, with the 3PLs performing supply chain management or lead logistics provider
services," says Armstrong.
Transportation Insight, headquartered in Hickory, NC, is a global enterprise lead logistics provider
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But complicating matters was the fact that Bombay was seeking a lead logistics provider
capable of meeting high performance requirements extending across a wide range of products.
First, shippers' need for greater accountability and control over their outsourced activities has given rise to a new type of logistics management company--the lead logistics provider
He prefers to use the term "lead logistics provider
" (LLP) to define this value-added function that has recently been tossed into the 4PL bucket.
The company acted as a 4PL, also referred to as a "lead logistics provider
," managing some supply chain activities itself and overseeing the efforts of other third-party logistics contractors.
By using an independent company, Nortel sidestepped one of the biggest drawbacks of using a lead logistics provider
: the potential for conflict and suspicion between the LLP and the logistics vendors it manages.
In the meantime, analysts at research giant Gartner have published their annual Magic Quadrant report that provides market intelligence on its premier list of lead logistics providers
. All in all, it appears to be a good time to be a third-party logistics provider--and according to both Armstrong and Gartner, it looks like the party is going to keep roaring along.
'Next-gen LLP: Driving new business value in an unpredictable world' details how supply chain operators are seeking alternative efficiency and resilient solutions by partnering with lead logistics providers