Wesco Aircraft and Pattonair are now Incora. Read more.

We are pleased to announce that Wesco Aircraft and Pattonair are now

Incora™ means that we are intrinsically connected to, or incorporated in our customers’ businesses and operations. Our commitment to innovation and the development of new solutions to meet supply chain challenges remains unwavering. We look forward to serving you as Incora.

About Wesco Aircraft

Top 4 Benefits of 4PL

March 10, 2020

Top 4 Benefits of 4PL

Supply chain optimization is the overarching value proposition of the fourth-party logistics (4PL) model. Still, it is expressed in several ways.

Read on for four principal improvements your business can see by engaging with a 4PL provider.

Bring Sophisticated 4PL Services to Your Operations: Contact Wesco Aircraft

Data driven supply chain improvements

1. Powerful Data Visibility

With powerful software and data analysis tools, 4PL providers are able to give your business a single and unified version of the truth. This level of accuracy and specificity is critical for enterprise-sized companies. Even a seemingly trivial delay in the supply chain can lead to a line stop. 

Aggregate enterprise data is the mechanism by which a 4PL provider gains its "control tower" view of operations. It allows you to understand (and therefore improve) your operating model at an analytical level otherwise difficult to achieve.

The beauty of an effective 4PL system is that you benefit from sophisticated data analysis without having to pull focus away from your core business.

2. Reduced Supply Chain Complexity

A 4PL provider acts as a single interface between you and multiple suppliers and logistics providers, allowing for greater visibility throughout the entire supply chain.

Instead of having to try and coordinate with a multitude of suppliers in a disjointed manner, your 4PL provider is the single touch point for your entire supply chain.

The expert advice and operational support 4PL services can provide mean improvement is a continual process. The 4PL approach is not just a quick fix. It is a solution to root cause issues aimed at implementing structural supply chain health.

3. Operational Efficiencies Warehouse boxes and picker

Customized data analysis and industry expertise mean your 4PL service can provide you with:

  • Automated order placement and tracking
  • Access to a broad base of quality-vetted suppliers
  • Improved forecasting for production schedules and raw material needs

Instead of having resources tied up in managing inventory and supplier relationships, your business can focus on its core competencies.

4. Cost Savings

There is a clear financial incentive to take on a 4PL provider. Greater operational efficiency means  reduced operational costs.

Sources of cost savings include:

  • Lower overhead and labor
  • Reduced inventory burden
  • Elimination of wasteful processes
  • Improved purchasing leverage from expanded supplier base

These cost savings result in leaner operations and improved cash flow, opening the opportunity for company investment and growth. 

The Power of an Optimized Supply Chain

These individual benefits all contribute to optimizing your supply chain.

An optimized supply chain means greater flexibility, which means your company can respond quickly to market shifts.

The result is a greater competitive edge and the potential to be an industry leader. All derived from the analytical approach of the 4PL model.