Volume : 4, Issue : 10, October - 2015

Importance Of Logistics In Business Strategy ; Gaining Strategic Advantage With Third Party Logistics (3PLs)

Dr Saloni Gupta, Rati Dhillon

Abstract :

<p>&nbsp;This paper looks into how logistics have come to occupy a strategic role in companies and organizations where production and distribution are considered as the vital activities. Conditioned by the rise in globalization and networking in modern days, logistics ensures that all steps involved in production and distribution are made available to the customers. To meet the expanding needs, logistic outsourcing was initiated, which provides oad range of logistic services. In addition to this, there is Third Part Logistics (3PLs) to fulfill the needs of the supplier and receiver, which in turn is vehemently supported by e-logistics, inging organizations effectively together. Since the global logistics is becoming more and more complex, involving multi-modal transportations, the services are now provided by many 3PLs even within one organization, and the system is expected to intensify among logistic service providers in the business market in the near future.</p>