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Have you ever wondered what separates a 4PL (Fourth Party Logistics) from a 3PL (Third Party Logistics) company? It generally comes down to their control within the supply chain.
4PLs have a broader role and while they assume many of the same roles as 3PLs, they have much greater responsibility and accountability in assisting clients to reach their strategic goals.
A 4PL typically directs every moving part within the client’s supply chain and serves as a single point of contact for all parties and activities, including warehousing and distribution. In contrast, a 3PL has less accountability and control over the client’s supply chain.
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| The head offices of numerous leading corporations and banks are located in this city. |
Global Spotlight Quiz
