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Fourth-party logistics
07.07.2013 13:36

Fourth-party logistics

1) Concept whereby the fourth party logistics service provider acts as an interface between the client and a number of its individual logistics service providers.

Andersen Consulting LLP claims the term to be its trademark, thus Fourth-party Logistics™, but the Hays Group also uses the term ‘fourth party solutions’ to describe their supply-chain business (also written 4PS).

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.99 (288 p.)


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