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Abstract
The principle of third party logistics has grown into a very important and a well‐functioning logistics concept, mainly due to outsourcing trends in transport business. Providers of 3PL services complemented the effectiveness of logistics supply chain management extending the performance of hauliers and forwarders to what might be called outsourced logistics services providers. The main driver for this was large transportation companies that have striven to render their limited services to the whole transport chain. Firstly, this extended to what now is called forwarding services, i.e. responsibility and transport service was extended from only physical transportation to additional services. Then some transport and forwarding companies continued enlarging their responsibility so that it included an increased part of the transport chain up to a total responsibility for the entire transportation, from production to consumption. A nature of transportation services became more and more the nature of logistics. Companies started offering complete logistics solutions, instead of only isolated physical transportation services. This allowed a customer to concentrate on the core business instead of paying much attention to material flows.
Highlights
International business has been undergoing a period of rapid transformation
This paper focuses on the main principles and functions of 3PL services provider, exam
1. 3PL allows saving time mainly due to the outsourcing the logistics functions that can free up resources to focus on core competencies of the company instead of secondary ones
Summary
International business has been undergoing a period of rapid transformation. Trends towards globalisation, integrated logistics and the development of Information and Communication Technology (ICT) are all reshaping the world’s trading patterns and physical trade flows [1, 2]. The potential for reducing total cost and for improving the quality of services provided to customers can be increased through the elimination of these bottlenecks. These innovations can be classified broadly into innovations to improve individual processes of logistics, and innovations to improve the logistics system totally The former includes innovative hardware such as new intermodal terminals with efficient transhipment ability, and innovative software such as truck route planning with ITS (Intelligent Transport Systems) and GPS (Global Positioning System). These piecemeal innovations can be developed to their full abilities only when they are employed into improving bottlenecks. Jakubauskas / TRANSPORT – 2007, Vol XXII, No 2, 68–72 ines benefits and drawbacks of 3PL concept application (section 3), provides detailed categorization of 3PL services providers (chapter 4) and brings an overview of 3PL market in Europe
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