Outsourcing to 4PLs – Opportunities, Challenges, Future Outlook
Denitsa Cherneva and
A chapter in Innovations and Strategies for Logistics and Supply Chains: Technologies, Business Models and Risk Management, 2015, pp 231-255 from Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management
The need for a successful management of logistics services is becoming very acute, as nowadays it defines competitiveness on the global marketplace. Without doubt, the success of LSPs and their clients depends on the ability to vastly adapt to changing customer needs, innovate, develop and supply worldwide complex, high-quality and greener products and services at a competitive rate. In theory, the 4PL business model has emerged as a very promising breakthrough solution for these newly emerging supply chain (SC) challenges. By comprehensively integrating the competencies of multiple LSPs, best-of-breed suppliers and latest technology providers, 4PLs aim to leverage the skill and resource sets along the SC. In business practice, however, this asset-free approach still struggles to take hold. By means of a qualitative research this article provides a clear understanding of the current status and variations of the 4PL phenomenon, its opportunities and challenges for businesses as well as its future outlook in Germany. The results improve the customer perception and remove ambiguities. Therefore, they are relevant for both academicians and practitioners.
Keywords: Logistics outsourcing; 4PL; Opportunities; Challenges (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:hiclch:209257
Access Statistics for this chapter
More chapters in Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL) from Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().