Third party logistics (3PL), or logistics outsourcing, refers to outsourcing transportation, warehousing and other logistics related activities to a 3PL service provider that were originally performed in-house.
Logistics outsourcing is used for the logistics activities in which corporations do not have core competencies. 3PL also increases the efficiency and geographical reach at optimum costs. When a corporation expands overseas, it may not be conversant with the customs duties, tax structures, rules and regulations, import/export policies and culture of the foreign country.
Partner
Mulla & Mulla &
Craigie Blunt & Caroe
A 3PL provider with long experience in that country will undertake logistics operations more efficiently. They provide a designed set of customized services by integrating transportation, warehousing, inventory control, order-processing, customs brokerage, etc, in a seamless supply chain management system that improves cycle-time and delivery performance, increasing customer satisfaction.
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Shardul Thacker is a partner with Mulla & Mulla & Craigie Blunt & Caroe in Mumbai.
Mulla & Mulla & Craigie Blunt & Caroe
Mulla House, 51 MG Road
Fort, Mumbai 400 001
India
Tel: +91 22 2204 4960, 2262 3191
Fax: +91 22 2204 0246, 6634 5497
Email: info@mullaandmulla.com
