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What is fourth-party logistics (4PL) ?

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Question added by HAZRAT ULLAH , Executive Logistics , GENERAL PETROLEUM PRODUCTS GmbH
Date Posted: 2016/01/24
Hamdi Zarour
by Hamdi Zarour , Logistics Officer , INTERSOS

It is when a firm which has two or more 3PL's working its logistics and then hires another company to coordinate and control the activities of the 3PL's,

Mustagiz Joad
by Mustagiz Joad , Hr Coordinator , Innovation 365

Arrangement in which a firm contracts out (outsources) its logistical operations to two or more specialist firms (the third party logistics) and hires another specialist firm (the fourth party) to coordinate the activities of the third parties.

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