Snowman Logistics Limited announced the launch of Fifth-Party Logistics or 5PL services in India – a first in India’s cold chain logistics and supply chain management sector.
The need for 5PL services has grown incrementally in the last couple of years due to the development of e-commerce businesses, the rise in international trade activities, and the increased complexities in the supply chain. Leveraging this growth, Snowman Logistics now provides distribution and consolidation services, including sourcing on behalf of its customers, in addition to the existing bouquet of 3PL transportation and warehousing services.
In this model, the firm operate as an integral part of the client’s organisation, develop suppliers, negotiate pricing on behalf of customers, audit manufacturing plants, share production/requirement planning, buy stocks from them, consolidate in warehouse, and sell to the clients. The vendor onboarding process is done by the Snowman Quality Team after an extensive quality audit, commercial benchmarking and due diligence.
Commenting on the launch of the 5PL service, Sunil Nair – CEO of Snowman Logistics, said, “The launch of 5PL services has opened up a huge opportunity for us to convert our existing 3PL accounts to 5PL accounts. Being the industry leader in cold chain and integrated solutions for the last three decades, this is a win-win situation for us and our customers. By using our expertise, network of suppliers and customers and offer distribution and consolidation services in addition to our existing solutions, we are now offering one-stop distribution services, right from the manufacturing plant to the consumption points through which we are able to add further value and enhance earnings from our existing businesses without needing to invest in infrastructure.”