What Is Contract Logistics and Why Does It Matter?
What Is Contract Logistics and Why Does It Matter? Businesses today need to move products efficiently while keeping costs, inventory and delivery timelines under control. As supply chains become more complex, managing every logistics activity internally can become difficult. This is where contract logistics in India can help. Contract logistics involves outsourcing specific logistics and supply chain activities to a specialised logistics partner. Depending on the business requirement, these activities can include warehousing, inventory management, transportation, order fulfilment, distribution and other supply chain operations. What Is Contract Logistics? Contract logistics is a long-term arrangement between a business and a logistics service provider. Instead of managing all logistics activities independently, a company works with a partner to manage selected parts of its supply chain. The exact services can vary depending on the industry and business model. For example, a company may...