Fifth Party Logistic Model (5PL)

Fifth Party Logistic Model (5PL). This applies when the switch is made from supply chains to supply networks.

A fifth party logistic service provider guarantees the management of networks of supply chains. The industrial actor hires third parties for the supply of strategic, innovative logistical solutions and concepts. A fifth party logistic service provider develops and implements, preferably in close consultation with the client, the best possible supply chains or networks. Fifth party logistic is often linked to E-business.

Stevedoring

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Warehousing & Customs

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