Supply Chain As a Service Boosts Retailers Against Ecommerce Rivals
Intense e-commerce competition presents supply chain challenges for small and medium retailers. Fourth-Party Logistics (4PL), offering a “Supply Chain as a Service” model, integrates technology, logistics resources, and consulting services to provide customized solutions. This enhances agility, visibility, and resilience, helping retailers survive amidst e-commerce giants. The MonarchFX initiative potentially foreshadows a new normal in the retail industry. It empowers retailers to optimize their supply chains and compete more effectively in the rapidly evolving digital landscape by leveraging external expertise and resources.
