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Benefits, Risks, Selection Criteria and Success Factors for Third-Party Logistics Services

Author

Listed:
  • Konstantinos Selviaridis

    (School of Management, Lancaster University, Lancaster LA1 4YX, UK)

  • Martin Spring

    (School of Management, Lancaster University, Lancaster LA1 4YX, UK)

  • Vassilios Profillidis

    (Section of Transportation, Democritus University of Thrace, Xanthi 67100, Greece)

  • George Botzoris

    (Section of Transportation, Democritus University of Thrace, Xanthi 67100, Greece)

Abstract

The need to reduce logistics costs is well recognised, often, however, without identification of the factors that could contribute to such a reduction. Third-party logistics (3PL) is an augmenting activity of the transport system, which can strengthen the cooperation of different transport modes. As a new practice, conditions of success are driven from personal or empirical situations, often hiding the real causes. To tackle this problem, a major survey has been conducted among both buyers and suppliers of logistics services in the United Kingdom. From the survey, several key findings of customer perceptions of logistics services provided by 3PL companies were derived. Results of the survey show a clear difference in points of view between suppliers and buyers. The results of the survey shed light on how the architecture of logistics outsourcing can be improved. Maritime Economics & Logistics (2008) 10, 380–392. doi:10.1057/mel.2008.12

Suggested Citation

  • Konstantinos Selviaridis & Martin Spring & Vassilios Profillidis & George Botzoris, 2008. "Benefits, Risks, Selection Criteria and Success Factors for Third-Party Logistics Services," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 10(4), pages 380-392, December.
  • Handle: RePEc:pal:marecl:v:10:y:2008:i:4:p:380-392
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    Cited by:

    1. Qing Su & Yangyan Shi & Yangfei Gao & Tiru Arthanari & Mengmeng Wang, 2024. "The Improvement of Logistics Management in China: A Study of the Risk Perspective," Sustainability, MDPI, vol. 16(15), pages 1-28, August.
    2. Govindan, Kannan & Chaudhuri, Atanu, 2016. "Interrelationships of risks faced by third party logistics service providers: A DEMATEL based approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 90(C), pages 177-195.
    3. Alptekin Ulutaş & Ieva Meidute-Kavaliauskiene & Ayse Topal & Ezgi Demir, 2021. "Assessment of Collaboration-Based and Non-Collaboration-Based Logistics Risks with Plithogenic SWARA Method," Logistics, MDPI, vol. 5(4), pages 1-14, November.

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