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A 4PL is a fourth-party logistics provider and it essentially takes third-party logistics a step further by managing resources, technology, infrastructure, and even manage external 3PLs to design, build and provide supply chain solutions for businesses.
4PL services typically encompass 3PL services as well as:
Deloitte provides 4PL services that go above and beyond traditional 3PL by offering strategic business insights and consultative services in addition to logistics execution.
Pros of 4PL
Cons of 4PL
4PLs are a relatively new concept, but typically they’re sought out by medium to large sized businesses that are seeking a complete logistics solution from both an operational and a strategic perspective.