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      Reimo Lall

      Business media and news feed
      transport and courier services, 4pl services, project carriage, logistics consultation, supply chain optimization, 4pl logistics services, project cargo transportation, logistics consulting services, logistics studies, supply chain strategic insights
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      W e at Wiima wanted to give our 2 cents on the buzz around the modern-day buzzword: AI. We played with the new Microsoft Bing: 1st question : let’s start w

      AI meets 4PL logistics: A trial run with Microsoft Bing

      Andmerobot
      W e at Wiima wanted to give our 2 cents on the buzz around the modern-day buzzword: AI. We played with the new Microsoft Bing: 1st question : let’s start with an easy one: “ What is 4PL logistics?” Answer:  4PL logistics stands for Fourth Party Logistics. It is a type of logistics service that provides end-to-end supply chain management solutions to businesses. A 4PL provider acts as a single point of contact between the customer and multiple logistics service providers (LSPs) such as carriers, freight forwarders, customs brokers, and warehouses. The 4PL provider manages the entire

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      WIIMA LOGISTICS OÜ / Andmerobot

      Wiima Logistics - Transforming supply chain: The advantage of 4PL over 3PL

      Third-party logistics (3PL) and fourth-party logistics (4PL) play critical roles in today’s complex global logistics. While 3PLs concentrate on specific supply
      ssb.ee
      Third-party logistics (3PL) and fourth-party logistics (4PL) play critical roles in today’s complex global logistics. While 3PLs concentrate on specific supply chain elements, such as transportation or warehousing only. 4PLs have a strategic approach to managing and optimizing the complete supply chain network. This is in contrast to what 3PLs offer. For a business, 4PLs have a transformational advantage over 3PLs. 4PLs bring a paradigm change in supply chain efficiency, but still, the understanding around these differences has been limited to the larger businesses. Here, we will find out the

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