Global "4PL Market" Size to Grow at 7.37 Percent CAGR, Says SpendEdge
NEW YORK, Sept. 18, 2021 /PRNewswire/ --
The 4PLmarket will register an incremental spend of about USD 29.05 Billion, growing at a CAGR of 7.37% during the five-year forecast period.
A targeted strategic approach to 4PLcan unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic.
Insights into buyer strategies and tactical negotiation levers:
Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for the 4PLmarket. The report also aids buyers with relevant 4PLpricing levels, pros, and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfil their category objectives.
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.
Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of 5.00%-8.00%.
Identify favorable opportunities in 4PLTCO (total cost of ownership).
Expected changes in price forecast and factors driving the current and future price changes.
Identify pricing models that offer the most rewarding opportunities.
Some of the top 4PLsuppliers listed in this report:
This 4PLprocurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
Deutsche Post AG
XPO Logistics Inc.
United Parcel Service Inc.
CEVA Logistics AG
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About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.
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