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Logistics Outsourcing: An Emerging Trend
After reading the chapter, the students should be able to understand:
- Benefits of logistics outsourcing
- Types of logistics service providers (3PL and 4PL)
- Selection criteria for outsourcing partner
- Outsourcing value proposition
- Outsourcing contract term and condition
To survive in today’s competitive markets, companies are focusing on their core competencies and adopting outsourcing as a strategic solution to improve quality of service and reduce cost of important as well as non-core processes. Using the strategic partnership of third-party logistics service providers, in integrated logistics, companies ...
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