Third-party Logistics Industry in China
Definition and categorization of 3PL Third-party logistics service providers (‘‘3PL providers’’) typically specialize in integrated operations such as warehousing and transportation services which can be scaled and customized to meet customers’ individual needs based on market conditions, including the demands and delivery service requirements for their products and materials. 3PL providers target particular functions within the supply chain management process such as warehousing or transportation. The advantages of outsourcing logistics to 3PL service providers include low capital commitment, cost savings and flexibility. First, there is no need for a warehouse…
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