This is the 15 PL (party logestics) in the supply chain management

1. By: Jawad Khan (cu-1272-2020)
Falak Sher (cu-1250-2020)
Veshain Ehsan (cu-1261-2020)

2. CU-1272-2020

4. Logistics is the process of planning and
executing the efficient transportation and
storage of goods from the point of origin to
the point of consumption.

6. A first party logistic provider is made up of
two parties , the supplier and the
retailer/customer. A 1PLs logistics provider
transports items from stock to shelves . In
this type of relationships , the supplies
manages their own inventory storage and
delivery.

7. A business that produces t-shirts, ships
them to their stores , then sells the shirts at
their store is a 1PL.

9. Second-party logistics providers focus
solely on the transportation sector of
business.

10. Examples of 2PLs include airlines,
shipping lines , and hauling companies
that operate the vehicles.2PLs transport
inventory between one or more legs of the
fulfillment journey.

12.  Third –party logistics is an industry term most are
familiar with for companies looking to outsource
their entire logistics process, 3PLs are the answer .
they are able to handle the management of
receiving, inventory warehousing, packaging and
shipping services letting ecommerce businesses
focus on other imortant areas of their company.
Some 3PLs business offer additional logistics
services known as value added services. These
include inventory management, kitting and
assembly and more.

13. Amazon is a prime example of a 3PL.
Merchant can create their goods and sell
them online .After that Amazon takes care
of the rest, including shipping
warehousing, and reverse logistics.

15.  Fourth –party logistic providers act as
consultants. While their services are
similar to a 3PL, they lack the physical
means to move inventory through the
supply chain themselves. Instead , a 4PL
will contact and negotiate services
between the necessary companies on
your behalf.

17. A fifth –party logistics provider is a
consultant one step above a 4PL . 5PLs
act as aggregators for 3PLs by bundling
the needs of multiples 3PL businesses to
get better rates on services . working with
a 5PL involves a fully integrated logistics
solution to encompass the entire supply
chain from beginning to end through
multiple outsourced logistics providers.

19. Cu-1250-2020

23. Cu-1261-2020

24.  A freight forwarding
company is
contracted to manage
international
shipments and
provide logistics
support for global
operations.

25.  To manage payment
processing and
financial transactions
throughout the supply
chain, a payment
processing provider is
contracted.

26.  A risk management
company is
contracted that
identifies and resolves
issues with product
quality and the risks
associated with it.

27.  A reverse logistics
provider is contracted
to help with the
returns and product
recalls. Because
reverse logistics is an
integral part of
a closed-loop supply
chain.

28.  An innovation and
improvement provider
is contracted to
innovation and
provide improvement
throughout the supply
chain, and identify
opportunities for
optimization.