Posted in Operations and Supply Chain Terms, Total Reads: 959
Definition: Third-party Logistics
Third party logistics are the companies who specialize in logistical solutions and transfer the goods from one place to another with in the country or even abroad. These companies give door to door delivery and hence by this the company who wants to get their goods delivered saves a lot of cost of delivery vans/ drivers etc. Example of third party logistics in India is Gati.