This website uses cookies to ensure you have the best experience. Learn more

Third Party (3 Pl) Logistics In India

2165 words - 9 pages

Introduction:
What is logistics? It is management process of the movement of resources it can be either raw material or finish goods between source of consumption and the end user i.e. customer, organization to meet requirements. There are various definitions in the literature or in the business world; the most suitable definition is the overall relationship between supply, material management and the distribution (Rushton A. ). This logistics concerned with physical as well as information flows, not only that it use in the storage form the raw material to final distribution of the finish good. In the logistics process physical items frequently involves the combination of material handling and the material flow, production, information flow, inventory management as well as warehousing, packaging, transportation and security. The minimization of the use of resources is a common motivation in logistics for import and export. Another way to describe the logistics is that the providing inbound logistics as well as outbound logistics service in a cost efficient way considering customer point of view. One of the most significant features in the last few years is the increase in the number of organizations in the global business market in which logistics plays an important role. Globalization is not only opportunities but also possess the certain risks. The increase in the competition increase the number of challenges, as a result of it the demand for transportation, warehousing, shipping, planning and control services is constantly rising. The major implication in the logistics is to optimize the quality, extend the supply lead time and costs of services. Logistics has become one of the most vital key services that companies used for the survival and for the competition.
The Indian logistics industries are showing continuous growth last few years. The demand in India in the logistic services is continuously powered by the rapidly growing economy. In India is lots of changes and growth are required in the logistics services in transportation warehousing and various service elements in the Indian industries. The major concern in the Indian logistics service is that the transportation service is still controlled by the road network. Now Indian industries looking towards new businesses by provide alternative modes of transportation such as rail system and the effective use of the major ports in India. Various organizations in India are focusing on the change in the logistics services. They are effectively using various modes of transportation to gain strategic advantage. Also the warehousing system is still under developing with respected to the global scenario. Yet an Indian industry shows the noticeable improvements in the quality and the service in the warehousing. Logistics service in India is multifunctional, many retailers supplying to service to various organization with the current logistics system. The unsatisfactory conditions of Indian roads...

Find Another Essay On Third Party (3PL) Logistics in India

Importance of Third Party Political Organizations in the US

852 words - 4 pages political parties such as Libertarian Party that have ideas on how to save the economy and reform social security. Third party political organizations are an important part of the United States government. One of the major issues that the Constitution Party is currently against is gun control. In order to support their disagreement with the policy they call upon the 2nd Amendment of the Bill of Rights, which preserves citizens of the United States

The Effect Of Third Party Candidates In Presidental Elections

1478 words - 6 pages The Effect of Third Party Candidates in Presidental Elections Although citizens of the United States have the opportunity to vote for many different offices at the national, state, and local levels, the election of the president of the United States every four years is the focal point of the American political process. The American political system has maintained a two- party system since its inception. Political scientists argue that a two

Cost Benefit Analysis of Third-Party Intervention in Intrastate Conflict

6379 words - 26 pages Cost Benefit Analysis of Third-Party Intervention in Intrastate Conflict GIVEN THE RECENT PROLIFERATION OF INTRASTATE CONFLICT, THE ROLE OF THIRD-PARTY INTERVENTION HAS BECOME INCREASINGLY IMPORTANT TO THE PEACE AND SECURITY OF THE INTERNATIONAL SYSTEM. HOWEVER, THE ESCALATION OF VIOLENCE OFTEN ATTRIBUTED TO MILITARY FORMS OF INTERVENTION MAY HAVE SEVERE COSTS FOR BOTH THE TARGET OF INTERVENTION AND THE STATE CHOOSING TO INTERVENE. PAST

Selection Requirements and process of Logistic Service Provider/3PL, Freight Transport outsourcing, selecting 3PL provider of Electrical products

4253 words - 17 pages Introduction……………………………………………………………………………………141. Selection model 62. Identifying operational factors in selecting 3PL provider of Electrical products Inc., 6General introduction of logistics outsourcing 82.1. External

Logistics, History, and Principles of LEAN Manufacturing Approach

978 words - 4 pages transportation than in the piece price saving. Finally, lean is not connected to external manufacturing processes and external logistics. It is fundamental to connect Lean to the whole Enterprise that includes key business areas in which exist waste. Logistics is one of these key areas because it drives the whole supply chain cost and satisfies the customer requirements. Normally the transportation is controlled by 3PL´s (third party logistics) that

Does The Using Of Supply Hub Can Improve The Efficiency Of The Supply Chain?

2286 words - 10 pages suppliers. For instance, some suppliers may expect the 3PL providers to perform quality inspections and checks that are required by governments . This may further require capabilities of handling reverse logistics by the 3PL providers.The 3PL providers need to use sophisticated Warehouse management System in order to be transparent to both the customer and its vendors. EDI and Internet technologies are put to the best use possible to achieve the

Influencing and Leadership

1064 words - 5 pages Today, in the business world, there are many influential and successful men and women; however, one particular man has influenced my life, as a role model and inspiration. Matthew Menner is the senior vice president of strategy for Transplace, Inc. He works for a leading third-party logistics and technology solutions provider, focusing on transportation management business processes outsourcing. Throughout his life he has held many jobs, but

Beverage Industry Logistics

2867 words - 11 pages Research in Business Vol 3, No 9. 7. Ma, H. and Suo, C. (2006), “A model for designing multiple products logistics networks” International Journal of Physical Distribution & Logistics Management Vol. 36 No. 2, pp. 127-135 8. Stefansson, G. (2006), “Collaborative logistics management and the role of third-party service providers” International Journal of Physical Distribution & Logistics Management Vol. 36 No. 2, pp. 76 92 9. Bumstead, J. and

REAL TIME DYNAMIC INTEGRATED OUTSOURCED WAREHOUSE SYSTEM

1392 words - 6 pages . McGinnis et. al. (2007) assesses the performance of logistics in terms of cost, space utilization and service provider feedback in how a specific design and how it can be improved. Having a good performance evaluation model can help the warehouse designer to quickly evaluate many designs that suitable for any type of warehouse. According to Ramanathan (2010), third party logistic providers (3PLs) typically specializes in integrated operation and

Toyota Lean and Agile Supply Chain

1947 words - 8 pages their production systems.Information sharing with suppliers and third party logistics: This company works closely with its partners and shares information with them. Suppliers and 3PL can easily check inventory, order information and production plans, and can quickly respond to the market demand and customer specifications.Supplier management: The company believes in having a strict quality and delivery key performance indicators. In this plant, 97

Reports on FedEx Operations

2264 words - 9 pages who currently supply spare parts to the manufacturers . FedEx , suppliers and manufacturers, if all the three come on the same platform , then only it would be possible for the FedEx to act as intermediary between suppliers and auto manufacturers to become a logistics provider and to provide supplies using Just-in-Time delivery concept .In providing Just-In-Time delivery supply , FedEx will act as 3PL Provider ( Third Party Logistic Provider

Similar Essays

Importance If Third Party Logistics Essay

1893 words - 8 pages improve logistics performance in Australia. The initiatives include the Freight Transport Logistics Industry Action Agenda. This report develops a broad framework for analyzing logistics activities in Australia. This report will also look at the importance of Third Party Logistics to the Australian business. We will also look at the emergence of the 3PL in Australia and what benefits do the businesses get by adopting the 3PL. The most

The Advantages And Disadvanatges Of Using Third Party Logistics Companies

980 words - 4 pages In order to improve operational efficiency, many companies have chosen to outsource part or all of their logistics activities to third parties. By doing that, company can focus more on its core activities. Green, Turner, Roberts, Nagendra & Wininger (2008) have found out that third-party logistics (3PL) companies typically offer services that cover warehousing, distribution, inventory control, packaging and transportation, such as contracting

Third Party Intervention In Civil Conflict

1194 words - 5 pages Third Party Intervention in Civil Conflict Struggles involving civil wars and violence far outnumber those dealing with external aggression and conflict, especially in today’s society. These internal conflicts over identity, territory, and government are more difficult to resolve through peaceful negotiation, creating an augmented sense of collective responsibility to acknowledge. If handled incorrectly, the situation may worsen, causing

How Significant Are Third Party Candidates In Us Presidential Elections?

718 words - 3 pages When the Republican Party's candidate, Abraham Lincoln, won the presidency in 1860, his was a minor party. Now, of course, it's one of our two main parties. But there are and have been many "third parties". Anti-Masons, Free-Soilers, Know-Nothings, Prohibitionists, Populists, Socialists, Communists, States' Righters and Libertarians-- they've all nominated candidates for president in the past.America currently have five nationally organised