This paper is published in Volume-5, Issue-5, 2019
Area
Logistics and Supply Chain
Author
Vijay Sebastian
Co-authors
Nithin Jhon, Aiswarya R.
Org/Univ
Christ (Deemed to be University), Bangalore, Karnataka, India
Pub. Date
04 September, 2019
Paper ID
V5I5-1143
Publisher
Keywords
1PL, 2PL, 3PL, 4PL, 5PL, Logistics, Supply chain, Technology, RFID, GPS, 5PL Logistics solutions

Citationsacebook

IEEE
Vijay Sebastian, Nithin Jhon, Aiswarya R.. A study on the competitive advantage of 5PL logistics based on case study and literature review, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Vijay Sebastian, Nithin Jhon, Aiswarya R. (2019). A study on the competitive advantage of 5PL logistics based on case study and literature review. International Journal of Advance Research, Ideas and Innovations in Technology, 5(5) www.IJARIIT.com.

MLA
Vijay Sebastian, Nithin Jhon, Aiswarya R.. "A study on the competitive advantage of 5PL logistics based on case study and literature review." International Journal of Advance Research, Ideas and Innovations in Technology 5.5 (2019). www.IJARIIT.com.

Abstract

The rapid implementation of RFID and related innovations in the SCM sector pushed the supply chain system into a new level of upgradation in a short span of time. Even Though the RFID technology ages back to the second World War era, the potential of this technology came into the mainstream of supply chain management just a decade ago. Our study mainly focuses on how and why 5PL logistics emerged to its current situation and what makes it stand out from the other four systems. In this study, we have reviewed three Articles for literature review and a real-life case study of a 5PL logistics providing company which is ‘ 5PL logistics solutions ‘ based on Abu Dhabi, UAE. The literature review talks about the different applications of 5PL logistics and the recent surge created on the supply chain and logistics system by the entry of 5PL logistics. The case study, on the other hand, describes how 5PL logistics are carried out practically in a 5PL company and what precautions, regulations, and parameters need to be followed is included. The rapid innovation happening in technology-aided with highly open economies with a forward view of global integration is firing up the manufacturing and service sectors, thus creating huge opportunities and responsibilities for logistics and supply chain industry.
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