Article Review
Third-Party Logistics (3PL’s) play an important role in supply chain management, exclusively in the developed and developing nations, and the logistics industry has seen a huge growth in the past few decades. The larger companies currently demand a single vendor for their global supplies and support their operations. There are advantages and disadvantages of 3PL’s and depending on the advantages the companies choose their vendors for the logistics. The decision to retain the 3PL services in a company is decided by the higher management, the corporate level and sometimes by the logistics managers and managers from functional ...