IIS Deemed To Be

University

Short Note On 3PL, 4PL and

Reverse Logistics

Submitted to:
Submitted By:
Dr. Chhavi Jain Gauri
Sharma
Sr. Assistant Professor
 Short Note On
3PL, 4PL and Reverse
Logistics
Third Party
Logistics
O These companies provide outsourced
services to companies.
O 3PLs are suited to small-to-medium-sized
businesses that want to take advantage of
the operational power of an external
logistics company but still want some
control over their supply chain.
https://www.tradegecko.com/inventory-
management/what-is-4pl
O A third party logistics provides outsourced
logistics services to companies. These
services can make up part or sometimes all of
their supply chain management functions,
including:
- Inventory storage and management
- Picking and packing
- Freight forwarding
- Shipping/distribution
- Customs brokerage
- Contract management
- IT solutions
- Cross-docking
https://www.tradegecko.com/inventory-
management/what-is-4pl
Fourth -Party
Logistics
O A fourth-party logistics provider essentially
takes third-party logistics a step further by
managing resources, technology,
infrastructure, and even manage external
3PLs to design, build and provide supply
chain solutions for businesses.
O 4PLs are a relatively new concept, but
typically they’re sought out by medium to
large sized businesses that are seeking a
complete logistics solution from both an
operational and a strategic perspective.
https://www.tradegecko.com/inventory-
management/what-is-4pl
O 4PL services typically encompass 3PL services as well as:
O Logistics strategy
O Analytics including transportation spend, analysis, capacity
utilization, and carrier performance
O Freight sourcing strategies
O Network analysis and design
O Consultancy
O Business planning
O Change management
O Project management
O Control tower and network management services,
coordinating a wide supplier base across many modes and
geographies
O Inventory planning and management
O Inbound, outbound and reverse logistics management
https://www.tradegecko.com/inventory-management/what-is-4pl
Reverse Logistics
O Reverse logistics is for all operations related to
the reuse of products and materials.
O It is "the process of moving goods from their typical
final destination for the purpose of capturing value,
or proper disposal.
O Remanufacturing and refurbishing activities also
may be included in the definition of reverse
logistics.
O The reverse logistics process includes the
management and the sale of surplus as well as
returned equipment and machines from the
hardware leasing business.
https://en.wikipedia.org/wiki/Reverse_logistics