Logistics and Supply Chain - London, England, United Kingdom
STEPS TO MAKING A 4PL WORK FOR YOUCompanies look to fourth-party logistics (4PL) providers for a broad set of supply chain capabilities — from providing leading-edge technology and management expertise to unique specialization such as disposal of controlled materials. When it comes to high-level, value-added services, seamless integration without business disruption is key.4 REASONS WHY YOU MIGHT NEED A 4PLHigher order-to-delivery cycle times, and order-to-cash cycles that are increasing in length. Order-to-cash cycles affect other areas of the company and can be one big area where improvement can free up cash for important enterprise initiatives such as research and development.The need and demand for IT resources. Lack of IT infrastructure to support an expanding global supply chain can inhibit growth. And in many companies, supply chain operations IT investment is a low priority.Global growth, more inventory in more places, and a shifting revenue recognition point. Companies often lack the ability to generate substantive supply chain performance improvement on their own. There's lack of leverage in the supply chain.Global expansion. Companies wanting to get into markets they have not been in before need flexible, effective supply chain processes to be successful. If you struggle with your supply chain in the United States, you will really struggle when you try to go global.
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