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Logistics Service Providers (LSP): 3PL vs 4PL vs 5PL

SCMDOJO

LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics. Whereby, the most utilized and requested service degrees can be categorized as third-party logistics (3PL) or fourth-party logistics (4PL) (Kennedy, 2020).

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Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory.