Strategic Alliances - Third-party logistics - What is 3PL?
3 important questions on Strategic Alliances - Third-party logistics - What is 3PL?
What is third-party logistics (3PL)?
Third-party logistics is simply the use of an outside company to perform all or part of the firm's materials management and product distribution functions.
Which two typical characteristics had relationships between the company and a third party for example trucking and warehousing?
- Transaction based
- Single-function specific
What does 3PL arrangements involve?
Modern 3PL arrangements involve long-term commitments and often multiple functions or process management.
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