Fourth Party Logistics Market: Development, Overview and Forecast upto 2019 - 2027
Fourth Party Logistics: Introduction Fourth party logistics has a lot to offer in the management of dynamic logistics, inbound raw material supply, and demand driven logistics. Key Drivers of the Global Fourth Party Logistics Market Increasing demand for an easy supply chain procedure from global manufacturers and distributors is driving growth of the fourth party logistics market. Rising demand for inbound logistic services from the manufacturing industry is also driving the market. The global e-commerce market is growing at a fast pace. Companies are providing delivery services for small and large products. This process requires fourth party logistic companies, which is expected to drive their demand. Companies are providing reduction in overall operating cost, improved customer service, and more flexibility, which is encouraging manufacturing units to opt for logistics vendors. Rising Demand from Consumer Electronics to Create New Market Opportunities Th...