SpendEdge, a global procurement market intelligence firm, has announced
the release of their Global
4PL Category – Procurement Market Intelligence Report.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190416005510/en/
Global 4PL Category – Procurement Market Intelligence Report. (Graphic: Business Wire)
The strategic move of the e-commerce giants to establish their own
logistics network to minimize their operating cost will pose as a
significant hindrance for the spend momentum of the 4PL category during
the forecast period. However, the practice of outsourcing logistics
operations by buyers to 4PL service providers to focus on their core
operations and to achieve cost savings on their logistics needs will
serve as one of the prime spend accelerators for the 4PL category. Get
access to the Free Sample copy of the 4PL market intelligence
report here!
Increasing complexities in supply chain management are compelling buyers
to migrate from 3PL service to 4PL logistics in the US because of the
latter’s ability to offer enhanced and comprehensive management of the
supply chain. Over 65% of buyers are engaging with logistics providers
to leverage their 4PL service lines in the US. Brexit is anticipated to
create massive supply chain complexities that will delay goods movement
due to the re-imposition of customs checkpoints in the region. This will
drive the category adoption in Europe to a significant extent.
Considering the undulating growth curve of this category, this 4PL
procurement research report offers insights into the cost drivers and
spend potential in different geographies. Such insights are critical for
buyers who can devise pricing strategies that are specific to the market
dynamics of different regions and can help buyers identify cost-saving
opportunities. This 4PL procurement research report also highlights the
current supply market developments to help the buyers choose the
appropriate vendors who can promise a steady supply assurance. Not what
you are looking for? Request
for free customization of this 4PL market intelligence report.
“Technological capability is one of the critical supplier selection
criteria for the 4PL category. Such capability can earn buyers enhanced
visibility across the entire supply chain, minimized cost, and TAT,” says
SpendEdge procurement expert Tridib Bora.
This 4PL market intelligence report has highlighted the following
factors to play critical roles in influencing category spend. They
include:
-
Entry of 3PL service providers is increasing the competition in the
category -
Horizontally integrated service providers can offer high cost savings
to buyers -
Get
the full 4PL market intelligence report to know more about the
complete scope of this report
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SpendEdge is now offering limited-time discounts on report |
SpendEdge’s procurement
market intelligence reports for the logistics,
warehousing and transportation category offer information on
critical cost drivers and category pricing strategies to help the buyers
achieve significant cost-savings. The supply market forecasts offer
information on supplier performance benchmarking criteria to help buyers
reduce spend and establish better SLAs. Additionally, SpendEdge’s
reports offer category management insights and procurement best
practices for the category.
Report scope snapshot: 4PL
Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
-
Interested to know more about the scope of our market intelligence
reports? Download
a FREE sample
Category management enablers
- Procurement organization
- Category enablers
-
Want customized information from our 4PL procurement research
report? Get
in touch
Category definition
- Category hierarchy
- Category scope
- Category map
-
To view this the complete table of contents for the market
intelligence report, Download
a FREE sample
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Related Reports:
-
Global
Perishable Goods Transportation Category – Procurement Market
Intelligence Report -
Global
Distribution Services Category – Procurement Market Intelligence Report
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are the preferred procurement market intelligence partner for 120+
Fortune 500 firms and other leading companies across numerous
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190416005510/en/