Layers of Logistic Services

1. Layers of Logistic Services

2. Introduction When you purchase a product from an online retailer, these logistics are in charge of your shipment and ensuring that you receive the correct product. • The rise of e-commerce, as well as these logistics, has had a tremendous impact on the global economy. • The concept of e-commerce would not have been possible to implement without logistics. • The various types of logistics accessible, such as 1PL 2PL 3PL 4PL 5PL, and how each is unique in its way.

3. Layers of Logistic Services 1 PL Cargo Owner Manufacturing , Retailing, Wholesaling 2 PL Transportation Carriers 3PL Logistics Logistics Service Provider 4PL Lead Logistic Providers & Consultant Supply Chain Management 5PL Aggregate the Demands of the 3PL Bulk Volume for Getting Better Rates

4. 1st Party Logistics (1 PL) • The term "first-party logistics" (1PL) refers to a company or individual with cargo and freight that may transfer goods and commerce from one location to another. • They are the consignors of various items and products, and they manage the transportation of those goods to their final destinations. • It is mostly made up of two parties who gain from the transaction. The manufacturer or provider, as well as the purchaser. In the entire process, there are no other middlemen involved.

5. Second Party Logistics (2PL) • The transfer of goods from a specific transport region of the supply chain, such as rail, road, sea, or air, is referred to as 2nd party logistics. • Concerns carriers who provide transportation services over a certain segment of a transportation chain. • It could involve a maritime shipping firm, a rail operator, or a trucking company that is engaged to transport merchandise from one point to another (for example, a distribution centre) (e.g. a port terminal).

6. 3rd Party Logistics (3PL) • A 3rd party logistics network is a supply chain that focuses on the transportation and delivery of various products, but also includes a variety of other services. • Warehousing, transloading, terminal operations, and even minor manufacturing such as packaging and labeling are examples of these services. • It also covers logistics IT software and analytical services for tracking and tracing the status of various products' delivery. • These third-party logistics companies provide all of the aforementioned services as well as handle any issues that arise.

7. 4th Party Logistic (4PL) • Among the 1PL, 2PL, 3PL, 4PL, and 5PL logistics, 4th party logistics is a new concept that is entering the market, and it entails hiring an overseer to manage a company's whole supply chain. • These logistics organisations are known as Lead Logistics Providers and are frequently used as consultancy firms for various supply chains. • They serve as the company's chief administrator, overseeing all aspects of the supply chain. 4pl is the next big thing in logistics, thanks to its increased efficiency. • They offer a single invoice solution and a logistical workflow that is unrivalled.

8. 5th Party Logistics (5 PL) • A fifth-party logistics service is sometimes known as a logistics aggregator. • They'll combine 3PL and other requests into a bulk volume to negotiate lower prices with airlines and shipping companies. • Assets aren't required in this type of logistics. • It usually works without a hitch in all fields.

9. The Benefits of Third-Party Logistics 3rd Party Logistics is the most convenient and well-known logistic service in India, out of 1PL 2PL 3PL 4PL 5PL. They offer a lot more than just shipping and delivery, as you can see in the list below. • It is a cost-effective solution. • There is very little financial investment. • You can concentrate on more vital tasks.

10. Contact Us Address: Life Care Logistic Pvt. Ltd. 37-38, Lasudia Mori, Dewas Naka, A.B. Road, Indore – 452010 M.P. Phone: 0731 4246089 Email: info@lifecarelogistic.com

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