Fourth Party Logistics Market Research Report 2024
Fourth-party logistics is an operational model in which a business outsources its entire supply chain management and logistics to one external service provider. Fourth-party logistics (4PL) is a high-level approach to managing supply chains, providing a complete solution for companies looking to delegate their logistics and supply chain activities. 4PL providers oversee and enhance the complete supply chain, concentrating on individual logistical activities like storage, transportation, and order processing serving as the main intermediary between the customer and various logistics service providers.