Author Question: Define and discuss the term 4PL..[br][br][b][color=green]Question 2[/color][/b][br][br]Blogs, wikis, ... (Read 123 times)

dmcintosh · **on:** Jun 28, 2018

Define and discuss the term 4PL..

Question 2

Blogs, wikis, and lead user communities can be essential during product development to generate enthusiasm in the marketplace prior to launch.
a. True
b. False
Indicate whether the statement is true or false

brittanywood · **Reply #1 on:** Jun 28, 2018

Answer to Question 1

Although the concept has been around for some time, the fourth-party logistics (4PL) provider is becoming more evident in the business world. Essentially a supply chain integrator, a 4PL may be thought of as a firm that assembles and manages the resources, capabilities, and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.. Some of the types of services that may be provided by a 4PL include managing multiple 3PLs (lead logistics provider), taking on more risk than 3PLs, providing advanced IT services, providing strategic consultancy, and control tower services.

Answer to Question 2

True