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What is 3PL and 4PL in Supply Chain Management?

What is 3PL and 4PL in Supply Chain Management?

In today’s dynamic logistics landscape, businesses are increasingly turning to third-party and fourth-party logistics providers to streamline operations and enhance supply chain efficiency. Third-Party Logistics (3PL) and Fourth-Party Logistics (4PL) are strategic outsourcing models that help companies manage different aspects of their supply chains—from warehousing and transportation to end-to-en...

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This Image show about Supply chain management, How supply chain management is different from Logistics.

Supply Chain Management vs Logistics: Complete Comparison

IntroductionIn an increasingly interconnected world, businesses across industries rely on streamlined operations to remain competitive. Two core components at the heart of this efficiency are Supply Chain Management (SCM) and Logistics.Although often used interchangeably, SCM and logistics play distinctly different roles in business success. This article offers a comprehensive side-by-side compari...

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