• 3PL is the function by which the owner of goods outsource various elements of the supply chain to one 3PL company that can perform the management function of the clients inbound freight, customs, warehousing, order fulfillment, distribution, and outbound freight to the clients customers.
• 3PL is a service provider who gives service for one or more portfolios of
services in standalone or integrated manner with own or leased or contracted assets or services.
FOURTH PARTY LOGISTICS (4PL)
Fourth Party Logistics (4PL) is the integration of all companies involved along the supply
chain. 4PL is the planning, steering and controlling of all logistic procedures (for example
flow of information, material and capital) by one service provider with long term strategic
objectives. Fourth party logistics (4PL) has evolved as a breakthrough supply chain solution comprehensively integrating the competencies of third party logistics (3PL) providers, leading edge consulting firms and technology providers
• 3PL is the function by which the owner of goods outsource various elements of the supply chain to one 3PL company that can perform the management function of the clients inbound freight, customs, warehousing, order fulfillment, distribution, and outbound freight to the clients customers.• 3PL is a service provider who gives service for one or more portfolios ofservices in standalone or integrated manner with own or leased or contracted assets or services.FOURTH PARTY LOGISTICS (4PL)Fourth Party Logistics (4PL) is the integration of all companies involved along the supplychain. 4PL is the planning, steering and controlling of all logistic procedures (for exampleflow of information, material and capital) by one service provider with long term strategicobjectives. Fourth party logistics (4PL) has evolved as a breakthrough supply chain solution comprehensively integrating the competencies of third party logistics (3PL) providers, leading edge consulting firms and technology providers
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