Author: Alexandra Leonards

The last month has seen many of the largest European logistics companies release their financial results for the full year 2003. Largest of them all, Deutsche Post, announced that it exceeded €40 billion in revenues for the first time.

Not that long ago the dream of automating procurement for indirect, and even direct, goods was seen as not far off. So why is this Utopia so illusive, and how can it be attained? There may be a simple answer.

Defining Fourth Party Logistics seems as difficult as implementing it. However, despite the continuing debate, Frost & Sullivan’s latest report shows that the way ahead is becoming clearer for 4PL.