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Glossary
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5PL is a recent addition to the logistics industry, denoting the concept of complete logistic integration through multiple outsourced providers. This approach involves a fully integrated logistics solution that spans the entire supply chain, from start to finish, with the aid of numerous outsourced service providers. To achieve this, effective integration of IT and computer systems is essential to provide real-time visibility and control over the entire supply chain, regardless of the number of different suppliers involved.