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Running head: THIRD PARTY LOGISTICS IN SUPPLY CHAIN
Third Party Logistics in Supply Chain
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THIRD PARTY LOGISTICS IN SUPPLY CHAIN
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Third Party Logistics in Supply Chain
The business environment is today competitive and dynamically changing, a trend that
compels firms to seek ways of fitting in. From this situation, firms realize that they do not have
to direct every part of their products/services from production to end consumers. As a result,
most companies work in partnership with others, mostly along the supply chain. Most parent
companies, for instance, hire logistic firms to help in distributing their goods to reach broader
markets for more profits and competitiveness. Apart from firms, states may also use similar
services by Third Part Logistics firms in outsourcing products to other nations.
In line with the scenario described above, Third Party Logistics firms are entities in the
business environment that take part in outsourcing the goods or services of companies that reach
out for them for such purposes. Third Party Logistics firms usually have connections with other
companies such as distributors, sh…
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