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4PL Services
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Competitive Intelligence

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Manage 4PL Services Category with Ai powered
Procurement Productivity Suite

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Abi will answer all 4PL Services related
procurement queries with relevant data points

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Get up-to-date market and supplier info on 4PL Services to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all 4PL Services related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on 4PL Services to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Benefits of Engaging with the 4PL 
  • Pros and Cons of 4PL Model
  • Types of Pricing Models
  • Industry Best Practices to Measure Performance in Terms of KPIs

Production Size

Global Market Size

$56. 47 Billion

CAGR

5-6 percent(2020–2025)

Table of Contents

  1. 4PL Services Market Global Market Summary
  2. Executive Summary
  3. COVID-2020 Update and its Impact on 4PL Market
  1. 4PL Market Analysis
  2. 4PL Logistics Model Overview
  3. 4PL Model overview
  4. Roles and Responsibilities –Comparing Logistics Players
  5. Benefits of Engaging with the 4PL
  6. Pros and Cons of 4PL Model
  1. 4PL Sourcing & Pricing Analysis
  2. Types of pricing model
  3. Levels of Control Achieved in 4PL Model
  4. Industry Best Practices to Measure Performance in Terms of KPIs
  5. KPI’s and Performance Measurement
  6. Control Tower Operating Cost Structure
  7. Types of Engagement & Pricing Models
  8. Operating Cost Structure & Payment Period
  1. Innovation and Framework
  2. Industry Trends on Automation,Digitalization and Visibility Solutions
  3. Roles of Latest Technologies adopted in Logistics Industry
  4. Case Study
  1. Purchasing Process: RFP/RFI Questionnaire
  2. Sourcing of 4PL Services: Sample RFP Questions

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4PL Services Global Market Outlook:

The global 4PL services market was valued at US$ 56,472.1 Mn in 2019 and is projected to reach US$ 78,981.5 Mn by 2027. The market will grow at a CAGR of 4.5% during the forecast period 2020-2027. 

4PL services have loads to deliver in the inbound raw material supply,  management of dynamic logistics, and demand-based logistics. 

The need for a robust supply chain management for the manufacturing industry appears to be imminent as the 4PL providers highlight every aspect of the supply chain system and offer cutting-leading as well as assured handling of goods from the manufacturing line until the customer and vice versa. 

The 4PL services add significant value to the manufacturing companies by helping them tackle their weak points that trigger revenue loss and assure optimum profitability. 

Global 4PL Services Market - Drivers and Constraints

Drivers

  • Rising demand for a straightforward supply chain process from global producers and vendors is contributing to the 4PL market. Also, the market is receiving a boost from the increasing demand for inbound logistic services from the manufacturing sector.

  • The consumer electronics industry is experiencing explosive growth at the global scale, influencing consumer electronics makers to invest in 4PL services to offer doorstep delivery to customers.

  • Businesses are offering reductions in total operating expenses (OPEX), better customer experience, and improved flexibility, which is motivating manufacturing facilities to go with 4PL vendors. 

  • The worldwide e-commerce space is growing at an unprecedented rate. Businesses are offering delivery services for various products - large and small, which requires 4PL services.

Constraints

  • Governments across continents have imposed specific norms associated with logistics, which is posing challenges for global 4PL service companies. 

  • Furthermore, changes in clearance policies and custom duty are expected to hamper the 4PL market growth.

4PL Services Market: Regional Outlook

  • Asia Pacific (APAC) continues to offer lucrative growth opportunities to 4PL service providers over the forecast period. The explosive growth of the e-commerce industry in developing regions such as India and China is primarily propelling the market growth. Further, consumers are increasingly turning to online channels to buy products, a trend that is further attracting market players.

  • The 4PL services market in North America is characterized by the presence of key companies running at the global level.  

4PL Services Market Analysis 

Strategic KPI’S

  • Cost to Serve: Logistics spend/ sales revenue
  • Order to delivery time
  • Percentage cost of reduction
  • Working capital reduction
  • Pilferage IErcentage

Benefits of Engaging with the 4PL

Adoption of the 4PL business model by a multinational company has led to freight cost savings in the range of 10–25% through reduction in direct carrier costs owing to consolidation. The 4PL has helped the shipper in the following ways:

  • Reduction in excessive freight charges
  • Increase in shipment visibility
  • Improvement in service failure rates
  • Decreased communication gaps

Pros of 4PL:

  • 4PL provider has the ability to provide a range of services under one single point of contact, virtually eliminating the internal costs of supporting accounts for warehousing, fulfillment and transportation across multiple vendors. With greater visibility and process efficiency, a 4PL can help reduce logistics cost
  • Value generated such as real-time visibility, track and trace, reporting, high-level information sharing to the client etc., through outsourcing managed services is higher due to high resource costs
  • 4PL model is more beneficial in operations that are standard and the supply chain network doesn’t change more often. Since the execution services are offered by the same provider as management, it is a seamless flow of information as the system is already integrated

Cons:

  • 4PL model is existing across all regions. However due to less complexity in mode(air, ocean and land) usage, standard rules and regulations etc., the model is mostly prevalent in US, Europe, and some countries in Asia such as China, Japan and less adopted in other regions
  • Less visibility as the 4PL players bundle the cost involved in logistic services and management activities; cost savings achieved through each subset of cost parameters in 4PL management is not transparent since both the operations are managed by the same player
  • Clients will be highly dependent on the 4PL player and switching cost is higher providing less control over the suppliers.

Why You Should Buy This Report

The report on the 4PL services market provides an extensive analysis of the key price drivers, supply-demand trends, and trade dynamics of global manufacturers in North America, Europe, APAC, LATAM, Africa, and the Middle East. It further discusses Porter's Five Forces Analysis and presents an analysis of the 4PL procurement trends in the pre-set regions. Furthemore, the report includes an in-depth study of the top 4PL companies along with their Porter’s Five Forces analysis.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

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