what is 4pl

what is 4pl refers to a Fourth-Party Logistics provider. A 4PL is a third-party logistics provider that manages a company’s entire supply chain, including coordinating other 3PL providers. Unlike 3PLs, which typically handle warehousing, inventory management, and shipping, 4PLs offer a higher level of service by overseeing the full logistics operation, from sourcing and procurement to final delivery. A 4PL works as a strategic partner, helping to streamline and optimize the supply chain and offering solutions tailored to the business’s needs.