Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management

The theory and practice of a networked approach to Supply Chain Management (SCM) are used to trace the evolution of management logistics. Reforming influences on competitive forces have deregulated, globalised and innovated, changing fundamentally the conception and practice of SCM. Increased need f...

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Main Authors: Hosie, Peter, Bulan, S., Tan, A., Kozlak, A.
Format: Journal Article
Published: Inderscience Publishers 2012
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/15151
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author Hosie, Peter
Bulan, S.
Tan, A.
Kozlak, A.
author_facet Hosie, Peter
Bulan, S.
Tan, A.
Kozlak, A.
author_sort Hosie, Peter
building Curtin Institutional Repository
collection Online Access
description The theory and practice of a networked approach to Supply Chain Management (SCM) are used to trace the evolution of management logistics. Reforming influences on competitive forces have deregulated, globalised and innovated, changing fundamentally the conception and practice of SCM. Increased need for strong interfirm networks, among other trends, seems formative. Changed purchasing and customer service functions result in new management methods, business contexts and transportation modes. Radical advances in managing supply chains stem from electronic commerce, notably in transportation and distribution, now widely adopted. Hence, managing logistics services becomes basic to businesses' competitiveness. Economic imperatives, technological innovations, market competition and managerial ability to provide advanced logistics services is encouraging increased trust between firms and their SCM providers. Issues and future trends are prompting the outsourcing of Fourth Party Logistics (4PL) services are identified. Possible future '5PL' services are meta-analytically indicated, with future empirical research suggestions based on novel insights.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-151512017-09-13T16:08:46Z Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management Hosie, Peter Bulan, S. Tan, A. Kozlak, A. 5PL 4PL trust supply chain management 3PL empirical research interfirm networks SCM The theory and practice of a networked approach to Supply Chain Management (SCM) are used to trace the evolution of management logistics. Reforming influences on competitive forces have deregulated, globalised and innovated, changing fundamentally the conception and practice of SCM. Increased need for strong interfirm networks, among other trends, seems formative. Changed purchasing and customer service functions result in new management methods, business contexts and transportation modes. Radical advances in managing supply chains stem from electronic commerce, notably in transportation and distribution, now widely adopted. Hence, managing logistics services becomes basic to businesses' competitiveness. Economic imperatives, technological innovations, market competition and managerial ability to provide advanced logistics services is encouraging increased trust between firms and their SCM providers. Issues and future trends are prompting the outsourcing of Fourth Party Logistics (4PL) services are identified. Possible future '5PL' services are meta-analytically indicated, with future empirical research suggestions based on novel insights. 2012 Journal Article http://hdl.handle.net/20.500.11937/15151 10.1504/IJLSM.2012.049700 Inderscience Publishers restricted
spellingShingle 5PL
4PL
trust
supply chain management
3PL
empirical research
interfirm networks
SCM
Hosie, Peter
Bulan, S.
Tan, A.
Kozlak, A.
Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management
title Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management
title_full Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management
title_fullStr Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management
title_full_unstemmed Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management
title_short Determinants of Fifth-Party Logistics (5PL): Service providers for Supply Chain Management
title_sort determinants of fifth-party logistics (5pl): service providers for supply chain management
topic 5PL
4PL
trust
supply chain management
3PL
empirical research
interfirm networks
SCM
url http://hdl.handle.net/20.500.11937/15151