A Study on the Impacts of Third-Party Logistics (3PL) Services on Company Performance
HARIBALA R K., BBA.,
MBA (Finance & operations) Student., Reg No: 43410271
School of Management Studies,
Satyabhama Institute of Science and Technology, Chennai, Tamil Nadu, India.
DR. K. SASIREKHA B.Sc., B.Ed., MBA., PhD
Assistant Professor,
School of Management Studies,
Satyabhama Institute of Science and Technology, Chennai, Tamil Nadu, India.
ABSTRACT
The growing complexity of global supply chains and the rising demand for efficient logistics solutions have made Third-Party Logistics (3PL) services a strategic necessity for modern businesses. This study explores the impacts of 3PL services on a logistics company, focusing on four key dimensions: operational efficiency, cost reduction, service quality, and scalability. By collecting and analyzing primary data from internal stakeholders, the research evaluates how outsourcing logistics functions—such as transportation, warehousing, and inventory management—affects overall organizational performance. Statistical tools such as Chi-square tests, ANOVA, and Regression Analysis are employed to interpret relationships between key performance indicators and 3PL outcomes. The findings reveal that 3PL services significantly enhance operational flexibility and cost-effectiveness, while also improving delivery performance and customer satisfaction. However, the study also identifies certain challenges, such as coordination issues and risks associated with service dependency. The insights generated aim to guide logistics firms in making informed decisions regarding 3PL adoption, ensuring strategic alignment with organizational goals.
KEYWORDS: Third-Party Logistics (3PL), Company Performance, Supply Chain Management, Logistics Outsourcing, Operational Efficiency, Cost Reduction, Service Quality, Technology Integration, Inventory Management, Transportation Services, Warehousing Solutions, Logistics Optimization, Business Competitiveness, Organizational Growth
