3PL is the action of outsourcing activities that are related to logistics and distribution. The concept of a 4PL provider is an integrator that accumulates resources, capabilities and technologies to run complete supply chain solutions. The 3PL targets a single function, whereas the 4PL manages the entire process.
Our teacher spent an hour explaining that and I still didn't understand and you made me understand in less than 2 minutes!!
Very helpful vedio with examples to get the gist of the difference between 3PL and 4PL
Wow very good explanation..
3PL is the action of outsourcing activities that are related to logistics and distribution. The concept of a 4PL provider is an integrator that accumulates resources, capabilities and technologies to run complete supply chain solutions. The 3PL targets a single function, whereas the 4PL manages the entire process.
Amazing explanation! Thank you!