A very crucial, but missing, part of the Supply Chain is the maintenance of an open communication channel between Industrial and commercial entities with the Third party logistics providers. Therefore a need is created for a single provider who will gather and manager all resources and will have the capability and the technology in line with the one of the other providers with a target to offer a fully integrated solution in the supply chain.

The services offered by a  5PL provider are:

• Negotiations with the 3PLs
• Management of transportation contracts
• Transport invoicing services
• Continuous improvement and customer service
• Coordination and management of all 3PLs involved
• IT solutions
• Risk and insurance management
• Cash flow management