A third-party logistics firm may be defined as an external supplier that performs all or part of a company’s logistics functions.
A third-party logistics firm may be defined as an external supplier that performs all or part of a company’s logistics functions. This definition is purposely broad and is intended to encompass suppliers of services such as transportation, warehousing, distribution, financial services, and so on. There are other desirable characteristics of a “true” 3PL. Among these, multiple logistics activities are included, those that are included are integrated or managed together, and they provide solutions to logistics/supply chain problems. What are your thoughts regarding third-party logistics?
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