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Fourth Party Logistics: An Emerging Business Model for Supply Chain Management

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History and Evolution of Fourth Party Logistics The concept of Fourth party logistics (4PL) emerged in the late 1990s as manufacturers and retailers sought ways to reduce costs and gain supply chain efficiencies. Traditionally, companies handled their own logistics operations internally as the first party or outsourced certain activities to third party logistics providers (3PL) who m... https://social-lyft.com/story8061810/rise-the-of-software-rental-services-and-their-applications

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