4PL (Fourth Party Logistics)
Fourth Party Logistics (4PL) is a business model that integrates all of the logistics and operations of an organization, including processes such as procurement, warehousing, distribution, shipping, and more. By utilizing a 4PL provider, businesses can access state-of-the-art supply chain solutions, developed from a strategic and holistic perspective. 4PL services are highly customizable to meet the individual needs of each organization. The aim is to create a seamless, efficient process for procuring goods and services with maximum efficiency to reduce costs and increase productivity.