[Logistics Management]

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Acknowledgement

I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.

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Abstract

This study utilised the support of extant idea to propose that there are important dissimilarities in the postures of firms that encompass logistics providers in their supply chain management efforts versus those that manage not. Further, we recognised four supply chain management constructs as being significant factors in forecasting firm presentation, and then in evaluation their grades of seen significance of these factors over the two assemblies of firms. Our investigation carries the premise that information integration, 3PL assortment criteria, performance evaluation, and connection construction are positively correlated with firm performance. Also, our results display that companies that encompass 3PLs in their supply chain management efforts focus certain supply chain management constructs to a higher span in evaluation to companies that omit 3PLs in their supply chain management efforts. The outcomes of this study can be utilised in a Pareto sense of focusing on a couple of vital factors that can enhance firm performance.

Table of Contents

CHAPTER 2: LITERATURE REVIEW6

Introduction to third party logistics6

Definition of TPL7

Difference between 3PL and the Freight forwarder7

Discussion in detail on 3PL8

Freight forwarders9

Fourth party logistic providers10

IT systems required in each logistics industry11

Batch tracking in Pharmaceuticals12

Commercially Available Simulation and Scheduling Tools13

REFERENCES16

Chapter 2: Literature Review

Introduction to third party logistics

In the latest past, third-party logistics (TPL), furthermore mentioned to as logistics outsourcing, has obtained substantial vigilance from logistics scholars, producing in a plethora of research and composing in this field. The concern of investigators in TPL should extend as some latest investigations propose that a gradually expanding number of companies across commerce parts use third-party providers for the management of all or part of their logistics operations. TPL engages “the use of external companies to present logistics functions that have conventionally been presented inside an organization. (Daugherty 2001 p.107)

The purposes presented by the third party can encompass the whole logistics process or chosen undertakings inside that process”. In a alike vein, it's proposed that TPL engages an external organisation “that presents all or part of a company's logistics functions”. (Bernon 2007 p.56)

These “broad” delineations emerge to propose that TPL encompasses any pattern of outsourcing of logistics activities before presented “in-house”. Alternative, “narrower” delineations connection the TPL notion to some characteristic purposeful and/or inter organizational characteristics of the logistics outsourcing relationship. Among them, it emphasizes the provide of management support in supplement to operational undertakings by providers and the length of the connection as follows: “Third-party logistics are undertakings conveyed out by a logistics service provider representing a shipper and comprising of not less than management and execution of transportation and ...