THIRD PARTY LOGISTICS SERVICE PROVIDERS

Third Party Logistics Service Providers

Third Party Logistics Service Providers

Introduction

This paper discusses a wide variety of topics dealing with third party logistics (3PL) service providers in market. It deals with the advanced technologies that help in the certain operations such as operation control of ware house, web based order entry, call centre order entry, activity billing, information delivery, voice enabled data access and transport management. Third Party Logistics (3PL) companies are service providers to other by replacing their internal logistics operations with an economical and technologically advanced third party company. In today's modern era third party logistic service providers have become an essential part of the logistic customers' supply chain management system (Transtore logistics, 2013).

Discussion

It has already been discussed in the introductory part of this paper that a third party logistic company is of crucial importance in order to meet the requirements of the increasing demands of the logistic clients throughout the world. Various steps can be taken to establish and sustain a third party logistic service providing organization. This paper is aimed to discuss the key factors that are needed to be taken in to consideration in order to establish and sustain a third party logistic service provider company.

Steps Required Establishing and Sustaining a Third Party Logistic Service Provider

There are many problems that companies face from signing a contract in a premature way without having the concrete understanding between the contractors. Keeping the fact in mind the work should be started in a systematic way before starting any contract.

To deal this task in a professional way five steps are recommended for implementation that are mentioned on the book named Vested Outsourcing: Five Rules That Will Transform Outsourcing. The book describes five important steps that can be taken by companies and service providers can take to make ...