Definitions for "Third Party Logistics" Add To Word List
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Outsourcing all or much of a company's logistics operations to a specialized company.
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Provider. A specialist in logistics who may provide a variety of transportation, warehousing, and logistics related services to buyers or sellers. These tasks were previously performed in house by the customer.
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The outsourcing of some or all of the logistics function to specialist providers.
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Supply of logistics related operations between traders by an independent organization.
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Transportation, warehousing and other logistics-related services provided by companies employed to manage tasks that were previously performed in-house by the customer.
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Transportation, warehousing and other logistics related services provided by companies contracted to assume tasks on behalf of the client.
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