The research on Fourth Party Logistics in modern logistics

Fourth Party Logistics is the next generation of supply chain. outsourcing. Supply chain activities are information-rich, complex and increasingly global. At the same time, technology and Enabled capabilities are racing ahead. To enable a firm to capture all the benefits of supply chain collaboration and synchronization, a new generation of integration must be deployed, which is currently beyond the capabilities of traditional sourcing methods. The paper illustrates that a 4PL arrangement has the potential to provide your organization with breakthrough supply chain performance. It is distinct from current approaches to supply chain outsourcing, because it delivers measurable, sustainable value across the full breadth of the supply chain. Getting into this relationship with a 4PL begins a journey in which you and the 4PL will come together to create an evolving, mutually beneficial, long-term relationship.