Understanding 4PL and its Benefits
What is 4PL Logistics? Fourth Party Logistics (4PL) means a strategic outsourcing model in logistic management when a company provides every single supply chain operation to an outsourced logistic specialist which is called the 4PL. While 3PLs are providers that ‘only’ perform several logistical activities, such as transportation and warehousing, 4PLs assume a wider responsibility. […]
