Sunday, March 27, 2016

Third Party Logistics (3PL) and Fourth Party Logistics (4PL)

Third Party Logistics (3PL) and Fourth Party Logistics (4PL)
http://www.cquential.co.za/industries/3pl-4pl/
What is a 3PL?

A third party logistics company is one that works with shippers in order to manage another company’s logistics operations department. 3PL is the action of outsourcing activities that are related to logistics and distribution.

What is a 4PL?

The concept of a 4PL provider is an integrator that accumulates resources, capabilities and technologies to run complete supply chain solutions.

Main Difference between 3PLs and 4PLs

The 3PL targets a single function, whereas the 4PL manages the entire process. A 4PL may manage the 3PL.

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