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