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Third-Party Logistics Services

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Please assess the role of Third-party Logistic service providers. How has the electronic (i.e. internet) environment enhanced Third-Party Logistics Services, and in particular, virtual Logistics Providers, with respect to operation efficiency?

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The response addresses the queries posted in 405 words with references.

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The response addresses the queries posted in 405 words with references.

//Just like other areas of business, the role of e-logistics has been increased and operations, such as warehouse management are handled electronically. As per the requirements of the discussion, we will try to understand 3PL (3rd Party Logistics) from the perspective of its role in the virtual business. //

3PL service providers

3PL or third party logistics is a service where a company outsources it's warehousing, fulfilment or transportation services from a third party. These third parties are transportation and logistics companies that handle warehouse operations and save certain costs of the ...

Solution provided by:
Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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