Essay On Logistics Service Providers

602 Words2 Pages

Studies are highlighting that there has been increased consumption of services offered by logistical service providers in supply chains. A logistics service provider is used synonymously to refer to carriers, forwarding and transportation companies, as well as, third party logistic providers and logistic service companies. Logistic service providers are significant actors in the supply chain as they handle substantial shares of their customers’ activities. Logistics service providers provide their customers with traditional logistics services such as transportation and warehousing and supplementary services such as order administration and track-and-trace services. Logistics performance in the supply chain such as lead-time, flexibility and on-time delivery should be a shared responsibility as they are created by customers, suppliers and logistics service providers. The increasing competitiveness of the business environment demands that logistics service providers should develop skills in the analysis and reporting of performance data to guarantee success with their customers.
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