April 2024
Intermediate to advanced
998 pages
14h 52m
English
(Readers will get practical aspects of this content in Chapter 28, under the heading ‘Outsourcing’)
While understanding the concepts of third-party logistics (3PL) and fourth party logistics (4PL), let us not get confused since it is already a highly debated topic among those in the supply chain industry.
Before looking into the differences between 4PL and 3PL, we need to understand the other PL terminology too. A first-party logistics provider is a firm or an individual that needs to have cargo, goods, produce or merchandise transported from one place to another. This certain provider stands for both the cargo mover and for the cargo receiver. Any party having goods moved from their place of ...