Difference in Supply Chain and Logistics A supply chain is the network between a company and its suppliers and customers that includes all the transactions involved in transforming raw goods into salable products.
Definition of Supply Chain A supply chain is the network between a company and its suppliers and customers that includes all the transactions involved in transforming raw goods into a salable products.
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.
Definition of Logistics Service Provider (LSP) Logistics Service Providers, or 3PL (third-party logistics) providers, are outsource entities shippers leverage to manage a company's warehousing, distribution and transportation of freight.
Definition of Managed Transportation Services Solution: Managed Transportation Services Solutions (Managed TMS) involve shippers outsourcing their freight and logistics processes to a third party logistics (3PL) provider.
Definition of Third Party Logistics Company (3PL) A third-party logistics company (3PL) offers outsourced logistics and supply chain service solutions for shippers. A company can outsource all or just a portion of their logistics requirements.