A lead logistics provider (LLP), also referred to as a 4th-party logistics provider (4PL), can direct every aspect of your supply chain including managing other 3PLs, overseeing transportation management, supervising warehouse operations or operating any other portion of your supply chain. An LLP becomes your partner in streamlining the processes and of moving parts and products, and creating a lean, cost-effective operation.
An LLP (or 4PL) acts as your primary supply chain management provider. They will define processes and manage the acquisition and integration of logistics services, either through their own organization or via subcontractors. An LLP oversees every detail on your behalf.
As a lead logistics provider for businesses around the world, Penske finds new and improved ways to coordinate all aspects of supply chain service on a day-to-day basis.
Every business has its strong points. Since ours happens to be warehousing and transportation management, or in other words, freight management, you can focus on perfecting and maintaining your core business.
Our expertise as an LLP will guide us as we work with you to identify opportunities to reduce slack in every area of your supply chain including:
Customers turn to Penske for LLP services because we can provide subject-matter expertise to optimize every level of your supply chain. You'll find that our logistics experts can bring their unique operational experience from a wide variety of industries including automotive and food and beverage to help with challenges in every nook and cranny of your supply chain. Some of the areas where you'll recognize their immediate value are:
You should consider several factors when making the decision to outsource the management of your supply chain:
Devising common strategic and operational values drives out 8–12% of our customers' supply chain costs. From the ground up, we establish a strategic financial baseline to influence our decision making as it applies to ideation, design, implementation, validation and value tracking of logistics solutions.
Benefits of outsourcing supply chain management to Penske include: