4pl logistics

4PL Logistics

The concept of a 4PL Logistics provider is an integrator that accumulates resources, capabilities and technologies to run complete supply chain solutions. Main Difference between 3PLs and 4PLs is that  3PL companies targets a single function, whereas the 4PL companies manage the entire process. Third Party Logistics Companies are sometimes managed by Fourth Party Logistics Companies. Functions provided by […]

Third Party Logistics Providers

Third Party Logistics Providers

What are third party logistics providers The need for an outside logistics provider triggered the evolution of Third Party Logistics Providers which has been the most dominant and arguably the largest market in the world. 3PLs offered great advantages to the companies in terms of • Economies of scale (merits from large truck fleets, warehouses, etc.) • Access […]