Question
delivery products from one point to another being the single contact point ofsupply chain activities managing the inventory levels , demand forecasts , logistics functions and supplier selections final assembly and testing
Answer
4.3
(281 Votes)
Rowena
Master · Tutor for 5 years
Answer
Except for some specific 3PLs, all above services: being the single contact point of supply chain activities, managing the inventory levels, having demands program, logistics functions and sourcing; delivering products and possibly conducting final assembly, and testing (though not always) could be provided by a well reactive third-party logistics provider.
Explanation
A third-party logistics provider, also known as a 3PL, is a firm that provides various logistics and supply chain services to a company, often customized to their needs. These services are wide ranging throughout the logistics scope. Let's look at each option:- Delivery products from one point to another: Yes, a very typical task charged to 3PLs is transportation, making sure that the company's products reach from the point of production/supply to the place they are eventually needed or sold—efficiently, reliably, and cost-effectively.- Being the single contact point of supply chain activities: Yes, this can be part of service as 3PL, due to the complex nature of supply chains oftentimes it is desirable for a company to have a single point of contact that integrates and oversees everything, from origin to final use.- Managing the inventory levels, demand forecasts, logistics functions and supplier selections: Yes, as part of executing or managing all or part of a company's supply chain, tasks such as managing inventory levels, demand planning and selecting suppliers can be aligned services of a third-party logistics provider.- Final assembly and testing: This depends and it can be part of a 3PL's service. While conventionally 3PLs would not get into manufacturing realm, today many 3PLs offer additional services like assembly, kitting, testing, repairing, quality control and other value-added tasks depending on business demand.