Sunday, March 5, 2017

How To Find The Right 4PL For Your Company

By Maria Carter


A 4PL, also known as fourth party logistics, is an independent firm that integrates and manages the technology, capabilities and resources of an organization in order to provide them supply chain solutions. The difference between 4PL and 3PL, also known as third party logistics, is that 3PL provides services in specific needs of the client. While the 4PL coordinates all the logistic activities of your company including those being done by the 3PL.

Knowing what they can do, you want to look for one you can partner with. 4PL Baton Rouge New Orleans Louisiana have many companies that can provide your logistical needs. They are dedicated to the safety and quality of their operations and are flexible and adaptable to the needs of their customers. Just try to ask these few questions to see if your companies can work seamless together.

In order to find out if the provider you currently have an eye on is a good fit for your company, is to ask about the culture of their company. Do they have a certain vision on where they are taking their company towards. Get to know these things before deciding to commit with them.

See how they run things by visiting their operations and determine if the way they do things matches with their company culture and visions and yours. Meet with the persons in charge face to face and determine if they are sincere on their proposed partnership. Shaking hands with the people you may be working with is important.

Inquire about their financial stability. This may seem an obvious question but do not forget to ask this one as well. Be informed on how are they being funded and who are funding them. Get to know if the company is funded by venture capital funds or privately owned. Also investigate if they are looking to sell their company in the future.

Shipping accuracy metrics must be asked as well as their financial improvements. A good way to get valuable information about this is by checking customer references. Past and current customers could probably provide you with facts regarding on how their company works with their customers.

Technology initiatives is also a very important aspect to look into. Are they able to use and improve upon the current technologies that they use. Have they put time and effort in improvement of their technologies and the technologies they are providing to their clients.

Managing their current talents and what are the steps taken in keeping them. The trainees and development available for their employees that are provided by them. These things could be an example on how they treat their clients such as yourself.

Pay attention as well on how they retain their top talents. It is a very competitive industry and they must do things so that talented people will want to work in their firm. This is very important for your part because acquiring the services of a 4PL is like hiring your own employees that will represent your own brand.




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