Glossary

Would you like to know what a certain transport term means? Click on the first letter of the term below.

5PL

Fifth Party Logistic Model. 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.

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