4PL
Logistics
4PL (Fourth-Party Logistics)
Fourth-Party Logistics
Lead logistics integrator that manages multiple logistics providers and the end-to-end logistics network.
Examples
- 01A 4PL manages five transport companies and two warehouses for an electronics maker and reports one set of figures for the whole network.
- 02The 4PL presents monthly network reviews with service, cost and CO2 per shipment across all its subcontracted carriers.
- 03The 4PL redesigns the network to send European orders from one hub instead of three, cutting handling steps and average lead time.