A 4PL (Fourth Party Logistics provider) is a consulting firm that manages the supply chain for multiple companies. They act as the main point of contact and coordinate logistics services provided by 3PLs and other suppliers. They are looked to for sustaining successful supply chain relationships and optimizing logistics operations.

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A 4PL Is

Question 24

Multiple Choice

A 4PL is

A) a 3PL owned by transportation related firm.
B) a firm used to implement Facility Utilization and Equipment Utilization Strategies.
C) looked to for sustaining successful supply chain relationships.
D) a group of 3PLs owned by the company.

Correct Answer: