Diccionario logistica
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DOCUMENT DESCRIPTION
ISSUED BY
DATE
VERSION
Compiled by:
Logistics Dictionary
WHQ
11-03-051.0
Tunde.oyedeji@hq.tntfreight.com
0-9
24/7 3PL (Third-Party Logistics Provider) 4PL (Fourth-Party Logistics Provider) Around-the-clock access, every day of the week An organization that manages and executes a particular logistics function, using its own assets and resources, on behalf of another company. The term "4PL" was introduced into the supply chain to convey that deep informationaltechnology skills and deeper analytical skills were required to achieve supply chain leadership. But the true evolution of the 4PL term is better defined in context of the global marketplace where outsourced logistics creates more of a partnership critical to success than a supplier/customer relationship. Companies in the global marketplace are finding that supply chain engineered logistics is nota commodity, and understand it is a vital means to boost their cost savings, enhancing their cash flow and improving servicing levels for getting their products to market.
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DOCUMENT DESCRIPTION
ISSUED BY
DATE
VERSION
Compiled by:
Logistics Dictionary
WHQ
11-03-05
1.0
Tunde.oyedeji@hq.tntfreight.com
A
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