The difference between 1PL, 2PL, 3PL, 4PL, and 5PL
In a global economy that demands efficient product delivery to satisfy customer demand, companies must find ways to optimize their production and delivery processes. For some this is an easy task, while larger companies need to adapt to meet customer demand. To assist in this process, companies can turn to logistics management services. Logistics management services differ in their features and offerings. Companies can relinquish control of some or all of their supply chain to logistics management services, depending on their specific needs. At the most basic is first-party logistics (1PL), and services progress in involvement up to fifth-party logistics (5PL). To capitalize on logistics management systems, companies must understand the difference between 1PL, 2PL, 3PL, 4PL, and 5PL. PL […]
April 3, 2021
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