From 3PL to 4PL™
Third-party logistics service providers are companies who provide a range of logistics activities for their clients. They might operate distribution centres, manage the delivery of the product through their transport fleets or undertake value-adding services such as re-packing.
The idea of the fourth-party logistics service provider was originated by the consulting company Accenture. The underpinning principle was that because modern supply networks are increasingly global and certainly more complex, the capabilities to manage the network probably do not exist in any one organisation. In such situations, there is a need for an organisation – possibly coming together with the focal firm through a joint venture – who can use its ...
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