Almost all industries, including retail, e-commerce, manufacturing, and fast-moving consumer goods, rely on the transportation of goods. And logistics play a critical role in facilitating this transport. The third topic in a series of explanations of some fundamental terms in supply chain management and logistics explains “First mile, mid mile, and last mile delivery” This…
In the previous article, we talked about the difference between Logistics and Supply chain Management. In this one, I thought to take up a basic topic and introduce the topic of “Party Logistics” or as we call “xPL” i.e 1PL, 2PL, 3PL, 4PL, and 5PL In today’s business environment, companies often rely on logistics service…
It is common to find professionals in the fields of logistics, supply chain management, and related areas using the words “logistics” and “supply chain management” interchangeably. However, the two terms are not synonymous, although they are related. “Supply Chain is the network of organizations that are involved, through upstream and downstream linkages, in the different…
