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3pl Logistics

"What is 3PL?" would be the first question in anyone's mind who comes across this term. In simple words, a third party logistics provider is a firm that provides outsourced logistics services to traders, manufacturers and industries

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3pl Logistics

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  1. THIRD PARTY LOGISTICS (3PL)

  2. THIRD PARTY LOGISTICS (3PL) • Third Party Logistics (3PL) involves using external organizations to execute logistics activities that have traditionally been performed within an organization itself. • Organizations that provide one or many of the following logistics services: • Transportation Management • Public/Contract Warehousing • Distribution Management • Freight Consolidation

  3. THIRD PARTY LOGISTICS Services Provided

  4. THIRD PARTY LOGISTICS PROVIDERS Types • Transportation Based • Warehousing / Distribution Based • Financial Based • Forwarder Based

  5. THIRD PARTY LOGISTICS Advantages

  6. THIRD PARTY LOGISTICS Disadvantages

  7. THIRD PARTY LOGISTICS Growth Drivers in India

  8. THIRD PARTY LOGISTICS The Future! • India spends around 14.4% of its GDP on logistics and transportation as compared to less than 8% spent by the other developing countries. • Indian logistics market is expected to grow at a CAGR of 12.17% by 2020 driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors. • 3PL logistics market in India is expected to be worth US$ 301.89 billion by 2020. • The industry as a whole has moved from being just service provider to the position where they provide end to end supply chain solutions to their customers.

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